. Imagine you are a restaurant owner. You are trying to set the menu price for the seared scallops with rice and mango salsa. Your item food cost is $6.78 and you set your food cost percentage to 33%. What would you set the price to be on the menu? *
1 point
$16
$18
$20
$21

Respuesta :

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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