Question

Your French fries have a food cost of $0.50, and you want to have a margin of 75% on the fries. What will the final selling price be?

Answer 1

Answer:

$\frac{0.5}{100} = \frac{x}{175}$

0.5 represent the original 100% but we want to obtain a 75% aditional so we can find for the value x if interest and we got:

$x= 175 *\frac{0.5}{100} =0.875$

So we need to sell the fries ar 0.875$ if we want to obtain a 75% of margin

Step-by-step explanation:

For this case we know that the french fries cost $0.50 and we want to have a margin of 75% on the fries. So we can use the following proportional rule:

$\frac{0.5}{100} = \frac{x}{175}$

0.5 represent the original 100% but we want to obtain a 75% aditional so we can find for the value x if interest and we got:

$x= 175 *\frac{0.5}{100} =0.875$

So we need to sell the fries ar 0.875$ if we want to obtain a 75% of margin

Answer 2

Answer:

$ 0.88

Step-by-step explanation:

Food cost = $0.50

Margin = 75% = 0.75

Total paecentage = 100 % + 75% = 1.75

Final selling price = ($0.50)*(1.75) = $ 0.875 ≈ $ 0.88