Due to improved layout and a fresh coat of paint on the walls, your restaurants weekly profit rose from $26,230 to $33,456. what

Question

2 years ago

5

is your percentage growth rate?

1 answer:

Shtirlitz [24] · Answer 1 · 2023-07-04T20:59:08+03:00

The percent growth in the earning of the restaurant owner is 27.54%.

<h3>What is percentage?</h3>

The percentage is given as the ratio of the two numbers as the fraction of 100. It is a unit less quantity.

The increase in profit of restaurant is:

Increase in profit = New earning – Old earning

Increase in earning = 33,456 – 26,230

Increase in earning = 7226

The increase in earnings is $ 7,226.

The percent growth in the earning with respect to the old earning is given as:

Percent growth = Increase in profit/ Old earning * 100

Percent growth = 7,226/33,456 * 100

Percent growth = 27.54%

The percent growth in the earning of the restaurant owner is 27.54%.

Learn more about percentage, here:

#SPJ1