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22 November, 15:05

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?

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  1. 22 November, 15:25
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    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%
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