The price of the food on the menu will be set at $21.
Cost of food item = $6.78
Food cost percentage = 33%
Let the price on the menu be represented by x.
Therefore, based on the information given, the equation to solve the question will be:
= 33% × x = $6.78
33/100 × x = $6.78
0.33 × x = $6.78
0.33x = $6.78
x = $6.78/0.33
x = $20.54
x = $21 approximately
Therefore, the price of the food on the menu will be set at $21.
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