butter
Just melt your shortening until you have one cup. Let it cool before using. It's the same thing.
Other oils such as vegetable oil, canola oil, or coconut oil can be substituted for olive oil in cooking.
One third of a third cup of oil is one ninth of a cup. This would be roughly equivalent to 1 tablespoon of oil.
One egg can be substituted for 1/4 cup of applesauce. For three eggs, one would use 3/4 cup of applesauce. Applesauce is a common replacement in cake and other recipes for eggs.
If you can make the switch, 1/2 cup for 8 ounces. Some things have to be butter to make the finished product.
One quarter cup (one fourth cup) of butter is equal to one quarter cup of oil.
Applesauce
yes it can be substituted, you might want to use a little LESS of the olive oil, as it is heavier and has a stronger taste.
5/12 of a cup of oil
1 cup of cooling oil
yes
Each 1/4 pound stick of margarine or butter measures 1/2 cup or 8 tablespoons. So therefore, 1/4 cup butter or margarine(one stick) is equal to: 1/4 cup shortening + 1-1/2 teaspoons water