A company made one of the largest single purchase of long distance telephone time in history. it purchased 49 million minutes at a total cost of $ 1,470,000. if the company resells the phone time at an average of 6 cents per minute, how much profit will it make on the purchase?

Question

Felipe

11 June, 08:03

+4

Answers (1)

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Lucian Robles · Answer 1

Sales price is

49,000,000*0.06

=2,940,000

Profit

2,940,000-1,470,000

=1,470,000 ... answer