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Slaves cost about $2,000 each in the late 1700's. With 33.33% inflation they cost about $66,000 each. From here on out all calculations are in modern currency values:
Slave ships took 4 months each way and 2 months to sell their load of about 400 slaves. Also there was a 40% mortality rate so there was about 240 slaves arriving to the United States.
240 x $66,000 = $15,840,000
Then it cost about $200,000 to feed the slaves, $350,000 to pay the crew, and about $50,000 maitanence on the boat.
Therefore the profit would be $15,240,000.
Then the auctioning companies who sold the slaves took about 30% of the profit leaving the slavers with $10,668,000 profit.
This leaves them with time to make two trips a year with a grand total of about $21,336,000 a year.
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∙ 12y ago
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