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A vendor on Peachtree sells bratwurst hot dogs for $3.85. His cart is open from 9 5, Monday through Friday. His variable costs average $0.65
A vendor on Peachtree sells bratwurst hot dogs for $3.85. His cart is open from 9 5, Monday through Friday. His variable costs average $0.65 per hot dog (depending mostly on toppings and condiments). He is considering a price increase to $4.90. Calculate the percent profit breakeven metric for this price change. Report your answer as a percentage (whole number) and round to the nearest percentage point.
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