Question

The 100-room fantastic Florida motor lodge accepts only cash for its guests. On Saturday evening 90 of its rooms occupied and total cash reciepts for the evening totaled $90,000. What was the motor lodges average daily rate for the particular evening

Answer 1

The motor lodges average daily rate for the particular evening = $1000 per room

Step-by-step explanation:

The total number of rooms in fantastic Florida motor lodge = 100

On Saturday evening, the number of rooms occupied = 90

Total cash receipts for the evening = $90000

The daily rate for the evening = ?

To calculate the average daily rate for that particular evening,

Average daily rate =
`(90000)/(90)` = $1000 per room

The motor lodges average daily rate for the particular evening = $1000 per room