WorksheetsProfit and loss for a restaurant
Total questions: 17
Worksheet time: 47mins
Fill in the Blank: Fill in the blank with the correct words.
Word Bank: profit, cost, selling price, cost, profit.
The amount of money a restaurant earns after paying the cost of making a dish is called the ________.
profit
cost
selling price
wages
Fill in the blank with the correct words.
Word Bank: profit, cost, selling price, cost, profit.
If it costs £4.00 to make a pizza and it sells for £10.00, the ________ is £6.00.
profit
cost
selling price
ingredients
ill in the blank with the correct words.
Word Bank: profit, cost, selling price, cost, profit.
The ________ is the total amount spent to make a dish.
cost
profit
selling price
tips
Fill in the blank with the correct words.
Word Bank: profit, cost, selling price, cost, profit.
To find the profit, subtract the ________ from the selling price.
cost
wages
ingredients
tax
Fill in the blank with the correct words.
Word Bank: profit, cost, selling price, cost, profit.
Wages, ingredients, and electricity are all part of the ________ of a dish.
cost
profit
selling price
revenue
Multiple Choice Questions: Choose the correct answer from the choices for each question.
What is the profit if a salad costs £2.50 to make and is sold for £7.00?
£4.50
£9.50
£2.50
£7.00
Multiple Choice Questions: Choose the correct answer from the choices for each question. Which of these is NOT part of the cost of making a dish?
Ingredients
Chef's wages
Money earned from selling
Electricity
Multiple Choice Questions: Choose the correct answer from the choices for each question. If a restaurant makes a dish for £5.00 and sells it for £12.00, what is the profit?
£17.00
£7.00
£5.00
£12.00
Multiple Choice Questions: Choose the correct answer from the choices for each question. The "selling price" is best described as:
The amount spent making the dish
The amount the customer pays
The amount of profit
The number of dishes sold
Multiple Choice Questions: Choose the correct answer from the choices for each question. If the cost to make fish and chips is £6.25 and it is sold for £9.75, what is the profit?
£3.50
£16.00
£9.75
£6.25
Open-Ended Questions: Answer the following questions in complete sentences. Why is it important for restaurants to calculate the profit for each dish they sell?
To make sure they earn enough money to run the business
To make dishes taste better
To reduce customer wait times
To create advertisements
Open-Ended Questions: Answer the following questions in complete sentences. List three different things that might be included in the cost of making a dish in a restaurant.
Ingredients
Chef's wages
Electricity or gas used to cook
Customer tips
Profit earned
Open-Ended Questions: Answer the following questions in complete sentences. A restaurant decides to increase the selling price of a dish, but the cost stays the same. What happens to the profit? Explain your answer.
It increases
It decreases
It stays the same
It becomes zero
Fill in the blank with the correct words.
Word Bank: profit, cost, selling price, cost, profit.
The ________ is the amount a customer pays for a dish at a restaurant.
selling price
discount
cost
profit
Multiple Choice Questions: Choose the correct answer from the choices for each question. Which of the following would increase the cost of making a dish?
Lowering electricity usage
Using more expensive ingredients
Selling more dishes
Reducing the chef's wages
Fill in the blank with the correct words.
Word Bank: profit, cost, selling price, cost, profit.
If the cost of a dish is higher than the selling price, the restaurant will have a ________.
loss
discount
profit
revenue
Multiple Choice Questions: Choose the correct answer from the choices for each question. What does a restaurant need to do to increase its profit on a dish?
Increase the selling price or decrease the cost
Increase both the cost and selling price equally
Decrease the selling price and increase the cost
Keep both cost and selling price the same
