A restaurant serves a meal for $5.75. The cost of ingredients is $.83 to the nearest 10th of a percent what percentage of the serving price is raw ingredients

1 answer

To calculate the percentage of the serving price that is raw ingredients, we divide the cost of the ingredients by the total price of the meal 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

= 0.1443478260869565 * 100

= 14.435%

Therefore, approximately 14.4% of the serving price is raw ingredients.