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beks73 [17]
3 years ago
9

A company made one of the largest single purchases of​ long-distance telephone time in history. It purchased 41 million minutes

at a total cost of ​$1 comma 230 comma 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?
Mathematics
1 answer:
irakobra [83]3 years ago
8 0

Answer:

Profit of $1,230,000

Step-by-step explanation:

Data provided in the question:

Number of minutes purchased = 41 million

Total cost of the minutes purchased = $1,230,000

Selling cost of the phone time = 6 cents per minute = $0.06

Now,

Total sales value

= Number of minutes purchased × Selling cost of the phone time

= 41 million × $0.06

= 41,000,000 × $0.06

= $2,460,000

Therefore,

Profit = Sales value - Cost of purchase

= $2,460,000 - $1,230,000

= $1,230,000

Hence,

Profit of $1,230,000

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In order to find how many total cars are in the parking lot, you must use a ratio. This is what you know:

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Which of the following describes the function −x3 + 5?
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Answer:

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