a If the cost of menu item 1 is 4 75 and the selling price i

a) If the cost of menu item 1 is $4 75 and the selling price is $12.50, what is the cost percentage? b) If the cost percentage of menu item 3 is 42% and the selling price is $15.00, what is the cost? a) The cost % is 42.0% b) The cost is $4.75 a) The cost % is 33.0% b) The cost is $3.50 a) The cost % is 38.0% b) The cost is $6.30 €) a) The cost % is 25% b) The cost is $5.30

Solution

C.THe cost % is 38..0%

The cost is $6.30.

working:

1st part:

cost percentage = (cost / sale price )*100 =>(4.75/12.50)*100 =>38%.

2nd part

cost = sale price * cost percentage =>$15*42%=>$6.30.