The marketing department of Giggo Hotels has estimated the number of hotel rooms (it has 120) that could be sold at different price levels. This information is shown below:

Giggo Hotels has estimated its variable costs at £25 per room per night. Calculate the occupancy rate that Giggo will need in order to maximize its profits.

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Number of rooms sold Price per room per night () 120 90 100 105 80 135 60 155 50 175