Question

If a restaurant sells 6,000 meals in one month, at an average price of 17 per meal for the customer and an average cost of $4.60 per meal for the restaurant, what is the percentage increase from the restaurant price to the restaurant cost?

Answer 1

Answer:

The percentage increase from the restaurant price to the restaurant cost = 269.56%

Step-by-step explanation:

An average price of per meal for the customer= $17

An average cost of per meal for the restaurant= $4.60

Difference in price = 17-4.60

Difference in price =  $12.4

So, the percentage increase from the restaurant price to the restaurant cost =$\frac{12.4}{4.60} \times 100$

The percentage increase from the restaurant price to the restaurant cost = 269.56%