If the selling price of an item is $12.95, and the potential food cost is $3.55, what is the potential food cost percentage?

Name: If the selling price of an item is $12.95, and the potential food cost is $3.55, what is the potential food cost percentage?
Brand: Quizplus
Rating: 4.9 (52 reviews)

Question

Quizplus · Accepted Answer

To calculate potential food cost percentage:

Potential Food Cost / Selling Price x 100

In this case:

$3.55 / $12.95 x 100 = 27.4%

Therefore, the answer is C: 27.4%.

If the Selling Price of an Item Is $12