A Hotel That Has 300 Rooms Charges a Rate of $150

Multiple Choice

A hotel that has 300 rooms charges a rate of $150 per night Monday through Thursday.During this period of peak demand,the hotel operates at 100 percent capacity.On weekends (Friday through Sunday) ,the hotel discounts half of its rooms at a rate of $100 per night while the remaining rooms are still priced at $150 per night.Calculate the hotel's yield for a Saturday night,if it fills 50 percent of the $150 rooms and sells all of the $100 rooms.

A) 58 percent
B) 63 percent
C) 78 percent
D) 93 percent
E) 171 percent