A butcher purchases 50 chicks at the rate of Ts.60 per chick.10 of them died and he sold remaining chicks at the rate of Rs.80 p

Question

3 years ago

14

er chick. Find profit or loss percentage.

1 answer:

Romashka-Z-Leto [24] · Answer 1 · 2022-04-06T02:28:05+03:00

Answer: 6.25%

Step-by-step explanation:

50 chicks were purchased at Rs. 60. The total cost of the chicks is:

= 50 * 60

= Rs. 3,000

10 of the chicks died which means the farmer was left with 40 chicks.

These chicks are sold at Rs. 80. Total revenue from the sales are:

= 40 chicks * 80

= Rs. 3,200

The profit is:

= 3,200 - 3,000

= Rs. 200

The percentage is:

= Profit / Revenue

= 200 / 3,200

= 6.25%