Answer:
17%
Explanation:
Given parameters:
Cost price of liquor = $4000
Total sale = $24000
Unknown:
Percentage cost of sale for liquor = ?
Solution:
To find the percentage cost of sale;
%Cost of sale of liquor =
x 100
Input the variables;
%Cost of sale of liquor =
x 100 = 16.67% = 17%
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