Lalitabai sowed seeds worth ₹ 13,700 in her field. She had to spend ₹ 5300 on fertilizers and spraying pesticides and ₹ 7160 on labour. If on selling her produce, she received ₹ 35,400, what was her profit or loss?

Explanation

To find out whether Lalitabai made a profit or a loss, we need to calculate her total cost and then compare it with her selling price. Here’s the step-by-step solution:

### Step 1: Calculate the Total Cost Price
The total cost price (CP) includes the cost of seeds, fertilizers, pesticides, and labor.

- Cost of seeds = ₹ 13,700
- Cost of fertilizers and pesticides = ₹ 5,300
- Cost of labor = ₹ 7,160
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