a restaurant serves a meal for 5.75. the cost of ingredients is 0.83. to the nearest tenth of a percent of the serving price is raw ingredients
To find the percentage of the serving price that is raw ingredients, we need to divide the cost of ingredients by the serving price and then multiply by 100.
Cost of ingredients = $0.83
Serving price = $5.75
Percentage of serving price that is raw ingredients = (Cost of ingredients / Serving price) * 100
= ($0.83 / $5.75) * 100
= 0.14434 * 100
≈ 14.4%
Therefore, to the nearest tenth of a percent, the raw ingredients make up approximately 14.4% of the serving price.
To find the cost of ingredients as a percentage of the serving price, you can follow these steps:
1. Subtract the cost of ingredients from the serving price: 5.75 - 0.83 = 4.92
2. Divide the cost of ingredients by the serving price: 0.83 / 4.92 = 0.1687
3. Multiply the result by 100 to convert it to a percentage: 0.1687 * 100 = 16.87
Therefore, the cost of ingredients as a percentage of the serving price is approximately 16.9%.