A restaurant spends one quarter of its monthly budget for rent and quarter of the rest for food and beverages. What percentage of the budget does the restaurant spend for food and beverages? Choose the most appropriate option:	A) 23.5%	B) 32.5%	C) 35%	D) 18.75%	E) 20%
Spend on rent = 1/4   Spend on food and beverage= 1/4 of remaining = 1/4*3/4= 3/16   so 3/16= 18.75%   18.75% is the answer
<result>D</result>
A restaurant spends one quarter of its monthly budget for rent and quarter of the rest for food and beverages. What percentage of the budget does the restaurant spend for food and beverages?