The Pinkerton Hotel has an occupancy rate of 97% during busy-season and 62% during the rest of the year. It makes $80 (revenue - variable costs) per room per night. Busy season accounts for 30% of the year. After covering its $4M in annual fixed costs, the total profits for the Pinkerton Hotel was $4,468,000. How many rooms are in the Pinkerton Hotel? A) 150 B) 200 C) 400 D) 650
The Pinkerton Hotel has an occupancy rate of 97% during busy-season and 62% during the rest of the year. It makes $80 (revenue - variable costs) per room per night. Busy season accounts for 30% of the year. After covering its $4M in annual fixed costs, the total profits for the Pinkerton Hotel was $4,468,000. How many rooms are in the Pinkerton Hotel? A) 150 B) 200 C) 400 D) 650
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The Pinkerton Hotel has an occupancy rate of 97% during busy-season and 62% during the rest of the year. It makes $80 (revenue - variable costs) per room per night. Busy season accounts for 30% of the year. After covering its $4M in annual fixed costs, the total profits for the Pinkerton Hotel was $4,468,000. How many rooms are in the Pinkerton Hotel?
A) 150
B) 200
C) 400
D) 650
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