Tuesday, July 30, 2013

Food for thought: The value of a bowl of beef noodle

On 2013-07-30, I ate a bowl of beef noodle at a food court near my mum's home. The price was S$4.50. I estimated the cost of the beef and noodle were $0.35 and $0.15 respectively.

So the gross profit margin was about 88.9%.

The cost of food only accounted for 11.1% of the selling price.

Are the rental and salaries the main operating costs of the stall?

In my opinion, it is better to find time to cook or prepare our food at home most of the time. We can make sure the food is healthy and nutritious and save a lot of money! 

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