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nadya68 [22]
3 years ago
14

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

er chick. Find profit or loss percentage.
Mathematics
1 answer:
Romashka-Z-Leto [24]3 years ago
3 0

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%

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