Question: Question 3 : Net profit ( or loss ) expresses the difference between the price that materials or goods ( food ) were sold for
Question :
Net profit or loss expresses the difference between the price that materials or goods food were sold for with all associated costs subtracted. This includes the materials costs eg food labour costs and all other overhead costs eg packaging, power costs, rent, etc.
Express the Total Costs in money$ net profit NP in money $ and as a percentage in the table below. Show the working below the table.
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