Hotel Aditya has 10 single AC rooms, 5 double AC rooms and 18 non AC rooms. The fixed monthly rent of hotel is 150,000. The per day maintenance cost is Rs. 100 for double AC room, Rs. 75 for single AC room and Rs. 40 for non AC room. The per day charges are Rs. 600 for double AC room, Rs. 400 for single AC room and Rs. 250 for non AC room. In April 2003, the occupancy rate of non AC room was 50%, 70% of single AC room and 40% of double AC rooms. Find the profit/loss % for that particular month.
A. 10.33% (profit)
B. 10.33% (loss)
C. 5.67% (loss)
D. 5.67% (profit)
E. No profit, no loss
Answer: Option B
Solution(By Examveda Team)
Maintenance,= Rs. (100 × 5 × 30) + (75 × 10 × 30) + (40 × 18 × 30)
= 15,000 + 22,500 + 21,600
= Rs. 59,100
Total cost = 2,09,100
Amount Received,
= (9 × 250 × 30) + (7 × 400 × 30) + (2 × 600 × 30)
= 67,500 + 84,000 + 36,000
= 1, 87, 500
Loss (%),
$$\eqalign{ & = {\frac{{209100 - 187500}}{{209100}}} \times 100 \cr & = {\frac{{21600}}{{209100}}} \times 100 \cr & = 10.33\% \cr} $$
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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