A manager generated a food and beverage cost of $1,575 in one week, and achieved a 28% food and beverage cost percentage in that week. What is the amount of food and beverage revenue the manager achieved in the week?

Question

Quizplus · Accepted Answer

The food and beverage cost percentage is calculated by dividing the cost by the revenue and then multiplying by 100. So, if the cost is $1,575 and the cost percentage is 28%, the equation to find the revenue (R) is $1,575 = 28% of R, or $1,575 = 0.28R. Solving for R gives R = $1,575 / 0.28 = $5,625.

A Manager Generated a Food and Beverage Cost of $1,575