Question

If a standard vodka martini recipe at La-ti-da Lounge calls for 2.5 oz of premium vodka that sells for $35/liter, .5 oz of dry vermouth that sells for $7.99 a liter, and one jumbo gourmet olive for 15 cents, and the martini sells for $15, what is the drink cost percentage?

a. 19.3 percent
b. 14.7 percent
c. 12.5 percent
d. 16.5 percent

Answer 1

Answer: (A) 19.3%

Explanation:

`\text{Vodka: }2.5\text{ oz }*\frac{\$35}{1\text{ liter }}*\frac{1\text{ liter }}{33.814\text{ oz }}=\$2.59\\\\\text{Vermouth: }0.5\text{ oz }*\frac{\$7.99}{1\text{ liter }}*\frac{1\text{ liter }}{33.814\text{ oz }}=\$0.12\\\\\text{Olive: }\$0.15`

Vodka + Vermouth + Olive = Total Cost

$2.59 + $0.12 + $0.15 = $2.86

`\frac{\text{cost to make}}{\text{selling price}} = (\$2.86)/(\$15) = 0.19 = 19\%`