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Agata [3.3K]
2 years ago
15

For the past week, your restaurant revenue was $28,675 and your food cost was $9,274. Calculate your gråss margi

Mathematics
1 answer:
Len [333]2 years ago
3 0

Answer: b) 68%

Step-by-step explanation:

Gross margin is used to calculate the amount left of revenue after the costs of goods sold is accounted for.

The formula is:

= (Revenue - Cost) / Revenue

= (28,675 - 9,274) / 28,675

= 0.67658

= 68%

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The probability of passing the math class of Professor Jones is 64%, the probability of passing Professor Smith's physics class
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Answer:

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Step-by-step explanation:

For solving this problem it is easy if we see it in a ven diagram, for this first we are going to name the initial conditions with some variables:

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We need to know which is the probability of pasing one or the other for this we need to take out the probability of passing both for this we have to add the probability of passing  Professor Jones math class with the probabiliry of passing Professor Smith's physics class and substract the probability of passing both for each one:

P(JuS) = (P(J) - P(JnS)) + (P(S) - P(JnS)) = (0.64 - 0.30) + (0.32 - 0.30) = 0.34 + 0.02 = 0.36 = 36%

If you check the ven diagram you can see that if we add all what is in red we will have the probability of passing Professor Jones math class and if we add all what is in blue we wiill have the probability of passing Professor Smith's physics class, and if we add just what is in each corner we will get the same value that is the probabilty of passsing one or the other.

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I think i am right

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