Question

An upcoming convention has secured 300 rooms at $140 per room for Friday night. The rack rate for Friday night is $250 per room and you have booked an additional 100 rooms at this rate. What will be your income for hotel rooms Friday?

Answer 1

Answer:

$67,000

Explanation:

The total revenue will be income from the 300 rooms and that from 100 rooms

=(300 x $140) + ($100 x 250)

=$42,000 +$25,000

=$67,000