The Net profit of Vaishnavi Traders for the year ended 31 March 2020 stood at ₹ 64,80,000. Other details were as under. Administration expenses ₹ 6, 40,000, Interest on bank loan ₹ 12,40,000 Selling expenses ₹ 18,20,000, Income from investments ₹ 1,60,000 Provision for tax ₹ 10,40,000 

Calculate the operating profit for the period.

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