The formula to calculate the service charge is:
SC=TC×PT100
Where:
A service charge is an extra charge added to the bill of a catering service to account for the serving and delivery of the food on top of the cost of the food itself. It is typically calculated as a percentage of the total cost of the food.
Let's assume the following values:
Using the formula:
SC=200×15100=30
The Service Charge is $30.
Let's assume the following values:
Using the formula:
SC=500×18100=90
The Service Charge is $90.