Question

For analysis purposes Jay considers his restaurant to have three revenue centers. These are the dining room, the bar and off-site catering. Last month Jay’s total revenue was $50,000. Off site catering revenue was $20,000. What percent of Jay’s total revenue was contributed by off site catering?

Answer 1

Answer:

40%

Explanation:

Sources of Jay's revenue are dining room, the bar and off-site catering.

Total revenue =  $50,000

Off site catering revenue = $20,000

percent of Jay’s total revenue was contributed by off site catering

= Off site catering revenue/Total revenue × 100%

= 20000/50000 ×100%

= 40%

The percent of Jay’s total revenue contributed by off site catering is 40%