Question

The Karlton Inn has two revenue generating departments. In 2005, rooms department had $210,000 and catering department had $125,000 in revenues. According to the projections in 2006, total revenue generated from the rooms department is 5.00% higher than the one in 2005. Additionally, the projected catering department’s revenue in 2006 is 64.00% of the total catering revenues in 2005. What is the projected percentage change in total revenues in 2006 over 2005?

10.30% decrease

11.55% decrease

12.00% decrease

11.10% decrease

Answer 1