00:02
Hello, we have a motel which has 30 rooms.
00:07
So, the total number of rooms is given to be 30.
00:18
And the pricing structure for renting the rooms is one room is rented at $95 per room and two rooms are rented in a block.
00:39
That is two rooms together are rented at $92 per room.
00:48
In general, if we are renting out a block of n rooms, the price per room is 95 minus three times the number of additional rooms.
01:08
For example, in a block of n rooms, we are renting out n minus one additional rooms.
01:14
So, the price per room will be 95 minus three times the number of additional rooms which is n minus one.
01:27
This will be the price per room.
01:30
This is the price per room.
01:36
If n rooms are rented in a block, then the price per room is 95 minus three times n minus one dollars.
01:48
Okay, the first question we are asked is, if three rooms are rented to a group in a block, what is the price per room? so, three room block, for this three room block, the price per room is 95 minus, we can use this formula, 95 minus three times n minus one is two here, which is equal to per room, this is equal to dollars.
02:36
Three times two is six.
02:39
95 minus six is 89.
02:42
So, it is $89 per room.
02:47
And we also have to find what is the total revenue or what is the total money we get by renting the three room block.
02:57
Total money we take in from the block of three rooms is equal to three times $89, which is equal to $267...