Question 3:

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 (e.g. food), labour costs and all other overhead costs (e.g. 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.

[15 Marks]

Sales	Food Costs	Labour Costs	Overheads	Total Costs	Net Profit ($)	Net Profit as %
$140.55	$40,99	$50.50	$23.34
$175.98	$55.45	$61.25	$34.00
$.268.90	$81.38	$90.45	$74.88
$555.65	$120.00	$155.98	$111.54
$1010.80	$300.70	$240.54	$230.78