A restaurant spends one third of its monthly budget for rent and one third of the rest for food and ...

A restaurant spends one third of its monthly budget for rent and one third of the rest for food and beverages. What percentage of the budget does the restaurant spend for food and beverages?

Quiz

Answer/Solution

37.5%

Steps/Work

Spend on rent = 1/3
Spend on food and beverage= 1/3 of remaining = 1/3*2/3= 2/9
so 2/9= 22.2%
C is the answer