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If the average room rate is $54 when 100 rooms are sold, and if the...

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Question

Accounting

If the average room rate is $54 when 100 rooms are sold, and if the single occupancy is 60% and double rooms are priced 20% higher than single rooms, then the price of a single room is:

Group of answer choices

$60.00

$50.00

$102.00

$88.00

Answer & Explanation Solved by verified expert
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