A self-employed farmer has prepared this summary of the farm's accounts for one week.
| Item | Amount (£) |
|---|---|
| Total revenue | 3,240 |
| Total cost | 2,790 |
| Profit or loss | ? |
Calculate the missing entry in the final row, including the amount and whether it is a profit or a loss.
83 exam-style questions on OCR GCSE Economics 2.6 Production, covering 2.6.1 Role of producers, 2.6.2 Importance of production and productivity, 2.6.3 Calculate cost, revenue, profit and loss, 2.6.4 Explain cost, revenue, profit and loss, 2.6.5 Cost, revenue and profit for producers, and 2.6.6 Economies of scale. Each one has a worked solution and a mark scheme showing where the marks go.