A restaurant serves a meal for $5.75. The cost of ingredients is $0.83. To the nearest tenth of a
percent, what percentage of the serving price is raw ingredients?(1 point
To find the percentage of the serving price that is raw ingredients, we need to find the ratio of the cost of ingredients to the total serving price and then convert it to a percentage.
The ratio of the cost of ingredients to the total serving price is:
0.83 / 5.75 = 0.14435
To convert it to a percentage, we multiply it by 100:
0.14435 * 100 = 14.435
Rounding to the nearest tenth of a percent, the percentage of the serving price that is raw ingredients is approximately 14.4%.