Translation:I am busy.
Correct me if I'm wrong but I read on another comment that the form can change? From ㅂ>ㅁ? Although I may be remembering incorrectly. If so could it be 바쁨요/바쁨이요? I am really a beginner so I'm not sure
When you have a batchim finished in ㅂ followed by a syllable started in ㄴ you pronounce the ㅂ as ㅁ. Which is the case of 습니다, pronounced as 슴니다