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1 June, 06:06

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?

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  1. 1 June, 06:35
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    =$6,498

    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
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