document.write( "Question 898217: Suppose 6 million people watch a 30-second commercial for a new cellular phone during a broadcast of a TV show. The cost of that commercial was approximately $300,000. If the cellular phone manufacturer makes a profit of $10 on every phone sold, what percent of the people watching the commercial would have to buy one phone for the company to recover the cost of the commercial? \n" ); document.write( "
Algebra.Com's Answer #544638 by Theo(13342)![]() ![]() You can put this solution on YOUR website! 6 million people watch the 30 second commercial\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the cost of the commercial was about $300,000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the cellular phone manufacturer makes a profit of $10.00 on every phone sold.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "$300,000 / $10.00 = 30,000 cell phones that would have to be sold.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "30,000 / 6,000,000 is equal to .005 which is equal to 0.5%.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "0.5% of 6,000,000 = 30,000 * $10.00 = $300,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "They will recover the cost of the commercial if one half of one percent of the 6,000,000 viewers buy a cell phone from them because of the commercial.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |