1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
klemol [59]
3 years ago
5

The price of lunch for 15 people was $207.00,including a 15 percent gratuity for service. What was the average price per person,

EXCLUDING the gratuity?
Business
2 answers:
andrew11 [14]3 years ago
5 0

Answer: $11.73

Explanation:

Given

Price for lunch of 15 persons +15% gratuity=$207.00

15% of $207.00

=15/100 × $207.00

= 0.15×$207.00

=$31.05

Total - 15% gratuity

=$207.00-$31.05

=$175.95

The cost of lunch of each person

= $175.95/15

=$11.73

Lady_Fox [76]3 years ago
4 0

Answer:

$12 per person

Explanation:

total price including gratuity or tip = $207

since the tip = 15%, then price + 15% = $207

115%price = $207

price = $180

tip = $27

if 15 people ate lunch, then the price per lunch = $180 / 15 people = $12 per person

You might be interested in
Millie is a buyer who has given her agent an earnest money check for $10,000 with an offer to purchase. when will the check be d
maks197457 [2]

The answer is After the seller accepts the purchase offer.

Millie is a buyer who has given her agent an earnest money check for $10,000 with an offer to purchase. The check will be deposited after the seller accepts the purchase offer.

What is Purchase offer?

  • An offer could be a conditional proposition made by a buyer or vender to purchase or offer an resource, which gets to be lawfully authoritative in case accepted.
  • There are numerous different types of offers, each of which incorporates a particular combination of highlights extending from estimating prerequisites, rules and controls, sort of resource, and the buyer's and seller's motives.
  • When it comes to value and obligation offerings, the advertising cost is the cost at which freely issued securities are advertised for buy by the venture bank guaranteeing the issue.

To know more about offer visit:

brainly.com/question/37590591?

#SPJ4

4 0
2 years ago
The payment to entrepreneurship is called
Novay_Z [31]

<span>Profit is the payment to entrepreneurship. When the entity’s amount earned exceeds the amount spent in buying, operating, or producing something and it has a financial gain, this is then the term we call the profit.  This is what an entity obtains when the amount of revenue from a business activity exceeds the expenses, costs and taxes which are all needed to sustain the activity. The owner may or may not decide to use the profit on the business.  This is also defined as the money the business makes after all the expenses have been taken into account. It is any company’s goal to consistently earn profit. This is the reason why much of business performance is based on the various forms related to profitability. </span>

6 0
4 years ago
One type of systematic error arises because people tend to think of benefits in percentage terms rather than in absolute dollar
raketka [301]

Answer:

She is better off by $40,

Please kindly go through the explanation section for rest of the answers.

Explanation:

From the Question,

Grocery saving = 40%

Laptop saving = 2.5%

Absolute saving in grocery = $4

Absolute saving in Laptop =$10

Yes he should sacrifice 20 mins to save $10 since he does the same for less savings

Second case:

Since Ted is depositing money for only 6 months at 10% interest rate, he is giving up half his annual interest of (0.1*750)/2 = $37.5

Third case:

Interest accrued on student loan = 0.07*2000 = $140

Interest on credit card = $75 + (0.07*1500) = $180

She is better off by $40.

7 0
3 years ago
If Malaysian companies are highly efficient in the production of textiles and U.S. companies are highly efficient in the product
rosijanka [135]

If Malaysian companies were more efficient in textile production and the U.S. was more efficient in computer software, they should sign a <u>Free trade agreement. </u>

<h3>What would a free trade agreement do?</h3>

A free trade agreement allows for countries to be able to trade without any restrictions.

Implementing a free trade agreement here would allow funds to freely move to Malaysia for textile production, and to the U.S. for software companies.

In conclusion, this is a free trade agreement.

Find out more on free trade agreements at brainly.com/question/2201430.

3 0
2 years ago
Economic efficiency is
Gnoma [55]

Answer: Option (A) is correct.

Explanation:

In a competitive market, when the demand curve i.e. the marginal benefit curve is exactly equal to the supply curve i.e. marginal cost curve and at this point the sum of consumer and producer surplus is maximized then an equilibrium is set in an economy and economic efficiency is obtained.

Inefficiency occurs at a point where there is a disequilibrium in an economy which means that competitive equilibrium is not achieved by the economy.

6 0
3 years ago
Other questions:
  • Metal Shelf ​Company's standard cost for raw materials is $ 4.00 per pound and it is expected that each metal shelf uses two pou
    10·2 answers
  • A client who is a skilled artist and has an Associate’s degree from the local community college, is interested in becoming a med
    12·1 answer
  • You are currently spending much​ time, effort and money on your education. economists call education an investment in
    7·1 answer
  • g on january 1 playa company acquires 90 percent ownership in seaside corporation for 180,000 the fair value of noncontrolling i
    9·1 answer
  • Which NIMS Management Characteristic includes developing and issuing assignments, plans, procedures, and protocols to accomplish
    15·1 answer
  • Allen filed his 2019 tax return on May 15th, 2020, and underreported his gross income by 30 percent. Assuming Allen's underrepor
    11·1 answer
  • An educated guess to the outcome of any one experiment is called
    14·1 answer
  • What are the categories under the demographic segmentation
    5·1 answer
  • What is industrialization​
    12·2 answers
  • Select the correct answer. based on your knowledge of word parts, complete the sentence with the correct word. sam had to mix __
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!