Winged Insect That Hatches From a Chrysalis
Puzzle 12 of Jokes and Gags Medium Pack
Question is: Winged Insect That Hatches From a Chrysalis
and the answer is: BUTTERFLY
Word Meaning:
BUTTERFLY — A flying insect of the order Lepidoptera, distinguished from moths by their diurnal activity and generally brighter colouring.
Definitions from Wiktionary.