Question

QUESTION 7 of 10: Your price for Chicken Parmesan is $11.99. Your food cost for this item is $4.31. You change you menu prices to be 30%
of food cost. By what percentage will the price of Chicken Parmesan increase?
a) 15%
b) 17%
c) 20%
d) 23%

Answer 1

Answer:

C-20%

Step-by-step explanation:

Answer 2

By 23% the price of Chicken Parmesan will increase option (d) is correct.

What is the percentage?

It's the ratio of two integers stated as a fraction of a hundred parts. It is a metric for comparing two sets of data, and it is expressed as a percentage using the percent symbol.

We have:

Your price for Chicken Parmesan is $11.99. Your food cost for this item is $4.31. You change your menu prices to 30% of food cost.

Price increase of Chicken = 30% of (11.99)

= $3.597

Total price of chicken = 11.99 + 3.597 = 15.587

Percent of increase = [(15.587-11.99)/15.587]x100

= 23%

Thus, by 23% the price of Chicken Parmesan will increase option (d) is correct.

Learn more about the percentage here:

brainly.com/question/8011401

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