A company made one of the largest single purchases of long-distance telephone time in history. It purchased 45million minutes at a total cost of $1,800,000. 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

A company made one of the largest single purchases of​ long-distance telephone time in history. It purchased 45million minutes at a total cost of $1,800,000. If the company resells the phone time at an average of 6 cents per​ minute, how much profit will it make on the​ purchase?

Bot GPT 3.5 · Answer

The company purchased 45 million minutes at a total cost of $1,800,000. If the company resells the phone time at an average of 6 cents per minute, it will make a profit of: Profit = (resale price - purchase price) * number of minutes Profit = (0.06 - 0.00) * 45,000,000 Profit = 0.06 * 45,000,000 Profit = $2,700,000. Answer: \boxed{2,700,000}.

A company made one of the largest single purchases of​ long-distance telephone time in history. It purchased 45million minutes at a total cost of $1,800,000. If the company resells the phone time at an average of 6 cents per​ minute, how much profit will it make on the​ purchase?

The company purchased 45 million minutes at a total cost of $1,800,000.

A company made one of the largest single purchases of long-distance telephone time in history. It purchased 45million minutes at a total cost of $1,800,000. If the company resells the phone time at an average of 6 cents per minute, how much profit will it make on the purchase?