The difference between selling price and cost price of a dish is known as

Assessment: WAEC SSCE - Catering Craft Practice - 2022 (Objective) Subject: Catering Craft Practice

Question 1 Report

The difference between selling price and cost price of a dish is known as
Answer Details
The difference between the selling price and cost price of a dish is known as "gross profit". This refers to the profit made before deducting expenses such as rent, utilities, and wages. Gross profit is an important metric in determining the profitability of a dish or menu item, and can be used to make pricing and menu decisions.

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