✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
There is a small hotel at Lansdowne, a small hill station in Uttarakhand, having 9 rooms. The hotel has no facility for room heating in winters. Many guests coming in winters ask the hotel management to provide room heaters. The hotel management plans to offer room heaters to the room occupants on extra payment of Rs. 200 for a room. Based on feedback forms filled by old customers, the management calculates that about 35% of his customers would be willing to rent a room heater.
The management obtain four-room heaters on rent of Rs. 20 per day per heater and the electricity charges are Rs.100 per day per heater.
At 100% occupancy, obtain the expected profit per day to the hotel through room heaters during winters.
Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!