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Many measures of profitability of a hotel are based on ratios, proportions or percentages. For example, the occupancy rate is the ratio of the number of occupied room-nights to the total number of room-nights (or the proportion). Another contributor to the profitability is the percentage mark-up on food and drink which the hotel serves. A measure of a hotel's "success" is the percentage of the customers in its price range which it manages to attract and how that proportion changes with percentage discounts offered on rooms.
What else can I help you with?
What is the relation between ratios percents and proportions?
A proportion is a statement about the equality of two ratios.A percentage can be understood as a proportion in which one of the denominators is 100.
An equality of two ratios is?
Proportion.
What is a equality of two ratios?
A proportion
Two ratios that are equivalent are said to be in what?
Two ratios that are equivalent are said to be in proportion
What methods is used to determine if 2 ratios form a proportion?
To determine if two ratios form a proportion, you can use cross-multiplication. If the cross-products of the ratios are equal, the ratios are proportional. For example, for the ratios ( \frac{a}{b} ) and ( \frac{c}{d} ), if ( a \times d = b \times c ), then the two ratios form a proportion. Additionally, you can also compare the decimal values of the ratios; if they are equal, they are proportional.
What does it mean when two ratios form a proportion?
When two ratios form a proportion, the ratios are equal
What is the relation between ratios percents and proportions?
A proportion is a statement about the equality of two ratios.A percentage can be understood as a proportion in which one of the denominators is 100.
An equation that states that two ratios are equal?
An equation that states that two ratios are equal is a proportion.
What is a statement of equality between two ratios called?
... a proportion.... a proportion.... a proportion.... a proportion.
How can you check to see if two ratios form a proportion?
Any two ratios, provided the second is not 0, form a proportion.
An equality of two ratios is?
Proportion.
What is a equality of two ratios?
A proportion
Is a pair of ratios a proportion?
Not necessarily.
Two ratios that are equivalent are said to be in what?
Two ratios that are equivalent are said to be in proportion
What is an accurate description of a proportion?
A proportion is a statement that two ratios or rates are equal.
What fractions form a proportion?
Fractions are ratios. Equivalent fractions form a proportion.
A statement that two ratios are equal?
Proportion
