Question

For analysis purposes Jay considers his restaurant to have three revenue centers. These are the dining room, the bar and off-site catering. Last month Jay’s total revenue was $ 50,000. Off site catering revenue was $ 20,000. What percent of Jay’s total revenue was contributed by off site catering ANS?

Answer 1

Answer:

40%

Explanation:,

In order to find the percent of Jay’s total revenue that was contributed by off site catering, you have to divide $20,000 by $50,000 to get the weight of off site catering revenue in the Jay's total revenue and multiply for 100 to get the percentage:

($20,000/$50,000)*100= 40%