an upscale hotel. Last Saturday your staff catered a wedding reception in the main ballroom, during which 273 chicken dinners, 63 steak dinners, and 84 fish dinners were served. All dinners are the same price. The hotel charges "per person" for catered events. (a) what percent of the total meals served was each type of dinner? chicken 65 % steak 15 % fish 20 % (b) If $23,100 was charged for all the meals, how much revenue (in $) did each type produce? chicken %$4 steak %24 fish (c) If a 20% price increase goes into effect next month, what will be the new price (in $) per meal?
an upscale hotel. Last Saturday your staff catered a wedding reception in the main ballroom, during which 273 chicken dinners, 63 steak dinners, and 84 fish dinners were served. All dinners are the same price. The hotel charges "per person" for catered events. (a) what percent of the total meals served was each type of dinner? chicken 65 % steak 15 % fish 20 % (b) If $23,100 was charged for all the meals, how much revenue (in $) did each type produce? chicken %$4 steak %24 fish (c) If a 20% price increase goes into effect next month, what will be the new price (in $) per meal?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Transcribed Image Text:are the catering manager for an upscale hotel. Last Saturday your staff catered a wedding reception in the main ballroom, during which
273 chicken dinners, 63 steak dinners, and 84 fish dinners were served. All dinners are the same price. The hotel charges "per person" for
catered events.
(a) What percent of the total meals served was each type of dinner?
chicken
65
steak
15
fish
20
(b) If s23,100 was charged for all the meals, how much revenue (in S) did each type produce?
chicken
steak
fish
(c)
((110) 20%% price increase goes into effect next montn, what will be the new price (in S per meal?
(d) When photographers, florists, DJs, bands, and other outside vendors are booked through your office for events at the hotel, an 8
2.
"finder's fee is charged. Last year, $195,000o of such services were booked, How/much (ins) did the hotel make on this service?
(e)
). n " finder's fee revenue next vear hat amount in S) of these services must be booked?
If your boss is expecting s22,950 in
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