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Leno4ka [110]
3 years ago
14

In March this year Mr. Monteagudo s restaurant achieved sales of $108,000.00. Mr. Monteagudo s menu prices are 5% are higher tha

n they were last year. Last year s March sales were $100,000.00. After accounting for the increase in menu prices, what was the real change in revenue experienced by Mr. Monteagudo s restaurant?
Business
1 answer:
Ad libitum [116K]3 years ago
3 0

Answer:

8%

Explanation:

108 000-100 000/100 000

=0.08

0.08×100=8%

The revenue in the previous ($100 000) and current year($108 000) for March was given so the increase percentage in menu price (5%) .So the real revenue of change from the previous to current year can be calcualted (see calculations above)

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