how much does a large order of French fries cost to produce?

Question

Rosario runs a restaurant that sells a large order of French fries for $2.99. If Rosario knows that she is making approximately 62% profit on every order of large French fries, how much does a large order of French fries cost to produce?

Answer 1

let the cost of an order of french fries be x

 

then the profit she makes would be x + 0.62 x

 

 

 

therefore,

 

x + 0.62x = $2.99

 

1.62x = 2.99

 

x = 2.99 / 1.62

 

= $ 1.84

 

that's the cost price of an order of fries

Answer 2

Let cost be x

x/2.99 = 0.62

x= (2.99)(0.62)

x= $1.85

Answer 3

.62 (2.99) = X   Let X equal profit, then subtract that from the charge and you get what it costs to produce.

 

1.9136 is the profit = X

 

So 2.99 - X = cost 1.0764

 

The fries cost $1.08 to produce.