Super Sleep Hotel is a single hotel with 150 rooms. During the month of September, the hotel had 3,375 guests, who each stayed a single night. What is the occupancy rate for September?

75%

Explanation:

For the computation of occupancy rate for September first we need to determine the total availability of rooms is shown below:-

Total availability of rooms = Number of days in September × Number of room

= 30 × 150

= 4,500

Now,

Occupancy rate = Number of guest ÷ Total availability of rooms

= 3,375 ÷ 4,500

= 0.75

or

= 75%

Therefore for computing the occupancy rate we simply applied the above formula.

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you will have $9321.91 in 20 years if you set aside $2000 at 8%

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you will have $4660.96 in 20 years if you set aside $1000 at 8%