Answer :
To find the percentage of cost, we simply divide the amount made by selling food by the cost of buying the food:
15000/60000
We can simplify this:
15/60
Divide:
15/60=1/4, or 25%
The percentage of the cost of sales is 25%
15000/60000
We can simplify this:
15/60
Divide:
15/60=1/4, or 25%
The percentage of the cost of sales is 25%