HTM102 quiz 1 rewrite questions for extra marks Winter 2024
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HTM102
Quiz#1 Rewrite Questions
Name: Pradip Kumar Khatri
1.
The Stafford Hotel is an 600 room property. It currently sells rooms for $150 per night, and has a nightly occupancy percentage (sold rooms per night) of 70%. The owners are considering reducing the price by 10%. They estimate that this reduction would lead to 20 more rooms sold each night.
(a)
How many rooms does the Stafford Hotel currently sell per night? Rooms sold = Rooms available * Occupancy percentage
Rooms sold = 600 rooms * 70% = 420 rooms/night
Therefore, the Stafford Hotel currently sells 420 rooms per night.
(b)
What would the new occupancy percentage be if the changes occur? New Occupancy= (440 rooms / 600 rooms) * 100% = 73.33% Therefore, the new occupancy rate is 73.33%
2.
After a 15% discount, the new price of new restaurant equipment is $153,000. What was
the original price
of the equipment? The original price of the restaurant equipment was approximately $180,000.
3.
A set of kitchen tools retails for $4,200 but is presently on sale for $3,276. Calculate the rate of discount
.
Discount rate= (4200-3276/4200) x 100= 0.22x100
Discount rate= 22%
Therefore, the rate of discount on the kitchen tools is 22%.
4.
A recipe that serves 24 people requires 5 cups of sugar; how many cups of sugar are required if we prepare the recipe for a group of 144 people?
5/24= x/144
720= 24x
x = 720/24 = 30 cups
30 cups of sugar are required.
5.
There are 140 customers sitting in a restaurant, and this number represents 80% of the total seats in the restaurant. How many total seats are there in the restaurant?
= 140/0.80
=175
There are 175 total seats in the restaurant.
6.
Jim and John decided to open a new restaurant. They invested $600,000 in total, and would split the profits based on the ratio of their respective investment. After the first year, the restaurant had a profit of $100,000. Jim’s share of the profit was $72,000. How much did each partner originally invest?
Jim originally invested $432,000, and John originally invested $168,000.
7.
The ABC Hotel has 600 rooms in total. Last Friday, they had 240 occupied rooms.
(a)
What was the occupancy rate on Friday?
(b)
On Saturday they sold 20% more rooms than Friday. What was the occupancy rate on Saturday?
a.
The occupancy rate on Friday was 40%
b.
The occupancy rate on Saturday was 48%
8.
A 500 room hotel sold 7,500 rooms last month (30 days). What was the average daily occupancy rate? The average daily occupancy rate for the hotel last month was 50%
.
9.
The Seneca Café is a 280 seat restaurant. Last night the turnover rate was 340%. How many guests were served?
Last night, the Seneca Café served 952 guests
10. A typical restaurant has two sources of revenue: Food Sales, and Beverage Sales. The restaurant had Food Sales of $261,000 last month. This figure represented 72.5% of the restaurant’s Total Sales. Calculate the restaurant’s Beverage Sales last month.
The restaurant's Beverage Sales last month were approximately $99,000.
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