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Round Percents to the Nearest Hundredth

question 14

Short Answer

Round percents to the nearest hundredth. Given the total sales = $422,000 If the cost of the meat = $46,456.50 Find the food cost percent for meat. _______________%

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Definitions:

Bundle

A combination of various goods and services selected by consumers, used in economics to analyze choices and preferences.

Giffen Good

A product that people consume more of as the price rises, violating the basic law of demand in economics.

Prices Change

A variation in the market price of goods and services over time, influenced by factors such as supply and demand, inflation, or government policy.

Bananas

Bananas are a type of edible fruit, botanically a berry, produced by several kinds of large herbaceous flowering plants in the genus Musa.

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