Question

adam owns a restaurant. a new dish is being added to the restaurant's menu. the cost of making the dish is $6.75, and he wants to make a 33% profit on each dish he sells.
what is adam's selling price?
question 1 options: 10.08 5.22 11.33 26.05​

Answer 1

If the cost of making the dish is $6.75, and he wants to make a 33% profit on each dish he sells. adam's selling price is: $8.98.

How to determine the selling price?

Using this formula to find the selling price

Selling price = Cost price + (Cost price × Profit percentage)

Let plug in the formula

Selling price = $6.75 + ($6.75 × 33%)

Selling price = $6.75 + $2.2275

Selling price = $8.977

Selling price = $8.98 (Approximately)

Therefore the selling price is the amount of $8.98

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