Ask Question
4 February, 06:10

In March this year Mr. Monteagudo s restaurant achieved sales of $108,000.00. Mr. Monteagudo s menu prices are 5% are higher than they were last year. Last year s March sales were $100,000.00. After accounting for the increase in menu prices, what was the real change in revenue experienced by Mr. Monteagudo s restaurant?

+4
Answers (1)
  1. 4 February, 08:01
    0
    8%

    Explanation:

    108 000-100 000/100 000

    =0.08

    0.08*100=8%

    The revenue in the previous ($100 000) and current year ($108 000) for March was given so the increase percentage in menu price (5%). So the real revenue of change from the previous to current year can be calcualted (see calculations above)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In March this year Mr. Monteagudo s restaurant achieved sales of $108,000.00. Mr. Monteagudo s menu prices are 5% are higher than they were ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers