In plain words
No merit, no sin, no pleasure, no sorrow; no mantra, no holy water, no gift or sacrifice of mine; I am neither the eating, nor the eaten, nor the eater; in form Sat-Cit-Ānanda, Satyam Śivam Sundaram.
I am not merit. I am not pleasure, I am not sorrow. I am not a mantra. Nor holy water. I am not the enjoyer. Nor the doer. I am Satyam Śivam Sundaram, whose form is Sat-Cit-Ānanda.
This mantra concerns every single person. Man in this world is one who longs for happiness. He thirsts for Ānanda. For the sake of this happiness and Ānanda man toils day and night, taking many pains, and strives to earn this happiness and Ānanda. In every field, what man longs for is two things. One is to gain happiness; the second is to be rid of sorrow. What is the inner meaning of man's wanting happiness? What is the inner meaning of man's ceaseless longing for Ānanda? Not only in the spiritual field but in science too there is much to support this. Man's svabhāva, his svarūpa, is Ānanda itself. He is happiness in form. He has the right to long for the Ānanda and happiness that are his own svabhāva. That is his very svarūpa. Sugar is naturally sweet. This sweetness is the nature of sugar. When sugar loses the sweetness that is its nature, it is no longer sugar at all. The rose in bloom gives out its fragrance. It gives joy. This is the nature of the rose. In just the same way, when men seek happiness and Ānanda, this is their very svabhāva, and so they have the right to seek it. One who has lost the very happiness and Ānanda that are man's svabhāva is no man at all.
So man must recognise this inner meaning and come to understand for himself the secret that lies in his seeking happiness. A small example. In a state contrary to what is natural, a thing takes on a strange and unsightly shape for us.