A motel had the following business in a particular week. 40 rooms at $60 a night for business (Sunday through Thursday) during weekdays.
a. 60 rooms at a weekly (5days) rate of $200 per week (Sunday through Thursday).
b. 80 rooms at a discounted price of $40 per night for the entire week (7 days).
c. 100 rooms for a family reunion at $50 per night for Friday and Saturday nights.
d. If there are 200 rooms and the operating costs $20,000 plus a cleaning fee of $5 per room per day, compute the profit during the one-week period.

$29,400            

Explanation:

Calculation of the Profit During the week.

Particular                                                       Amount

Total income

40 rooms for night (40 x $60 x 5)                $12,000

60 rooms at a weekly(60 x $200)                $12,000

80 rooms at a discount (80 x 7 x $40)          $22,400

100 rooms for family (100 x $50 x 2)              $10,000

Total Income                                                   $56,400

Less: Total Cost

Operating cost                                                $20,000

Cleaning Cost (200 x $5 x 7)                         $7,000  

Total Cost                                                         $27000

Total Profit                                                       $29,400            

answer assertive;