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29 October, 07:27

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?

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  1. 29 October, 08:35
    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)
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Home » Business » 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.
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