Question

You are buying some television time and the station tells you that they reach 1,520,000 people. They quote you $4.50 CPM. If you buy within the next week they will give you a 5% discount. How much will you have to pay?

Answer 1

6498 (D)

Step-by-step explanation:

Answer 2

=$6,498

Step-by-step explanation:

CPM refers to costs per thousand.

In this case, $ 4.50 for every a thousand viewers.

For 1,520,000 People the cost will be,

=1520,000/1000 x $ 4.50 =$ 6840.00

5% discount : $ 6840.00 x5/100= $342

Price after discount= $ 6840.00-$342

=$6,498