Estimate the yearly revenue of your favorite restaurant in Cyber Hub, Gurgaon.

Question

Accepted Answer

The yearly revenue of my favorite restaurant in Cyber Hub, Gurgaon is estimated to be around INR 5 crore.

The restaurant is located in Cyber Hub, Gurgaon.
It is a popular dining destination known for its diverse cuisine.
The restaurant has a seating capacity of 150 people.
It operates from 12 pm to 11 pm every day.
The average bill per person is around INR 1500.
The restaurant is often fully booked during weekends and holidays.
It offers both indoor and outdoor seating options.
The restaurant has a loyal customer base and receives positive reviews.
It also offers catering services for events and parties.
The revenue is generated from food and beverage sales, as well as additional services like catering.

Accepted Answer

[Please note that I stands for Interviewer and C stands for Candidate]

C: (After taking few moments to think about it, framed the structure and walked the interviewer through it.) Explained the demand and supply side approach.

I: Which approach do you think would be more feasible in such a situation.

C: Supply side since there is limited seating capacity.

I: Let us talk about some numbers now.

C: Framed the mathematical equation and estimated the revenue.

Estimate the yearly revenue of your favorite restaurant in Cyber Hub, Gurgaon.

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