Question

Joseph purchased 150 hens each for Rs 50. Four hens died of a disease. He sold the remaining for Rs 51 each. Find his profit or loss percent

Answer 1

Dear Student,
Here is the solution of your question.

Given,
Cost of one hen is Rs. $50$.
Therefore cost price of $150$ hens will be $C.P=150\times 50=7500$
Four hens are dies.
Therefore total $150-4=146$ hens are left.
Sold price of one hen is Rs. $51$
Therefore sold price of $146$ hens will be $S.P=146\times 51=7446$
Since total cost price is more then total sold price, therefore it will be loss.
Hence loss percent will be :
$$\begin{gathered} =\frac{C.P-S.P}{C.P}\times 100\% \\ =\frac{7500-7446}{7500}\times 100\% \\ =0.72\% \end{gathered}$$
Therefore loss percent is $0.72\%$

Regards