After Checking Out of a Hotel, a Man Noticed That

question 15

Multiple Choice

After checking out of a hotel, a man noticed that the hotel bill included an additional charge labeled room tax . If the price of the room was $127 plus a room tax of $15.24, find the room tax rate. Round the answer to the nearest one hundredth percent, if necessary.

• A) 8.3%
• B) 15.24%
• C) 12%
• D) 9.4%
• E) 11%

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Definitions:

Culturally Sensitive Products

Goods or services designed with an awareness of and respect for the cultural differences and preferences of their potential buyers.

Multidomestic

A strategy where a company customizes its products or services to suit local markets and operates relatively independently in each country.

Union Structure

The organizational hierarchy and framework governing a labor union, including its administration and member representation.

Conglomerate

A large, multi-industry company composed of various unrelated businesses under a single corporate group.