Enter the total amount of dollars per hour earned into the calculator to determine the number of cents per minute.

Cents Per Minute Formula

The following formula is used to calculate cents per minute from dollars per hour. 

cpm = DPH / 60 * 100
  • Where CPM is the cents per minute
  • DPH is the dollars per hour

To calculate cents per minute from dollars per hour, divide the dollars per hour by 60, then multiply by 100.

What are cents per minute?

Definition:

Cents per minute is a unit of monetary value earned per unit of time, which in this case is cents and minutes, respectively. This is used less commonly than dollars per hour.

How to calculate cents per minute?

Example Problem:

The following example outlines how to calculate cents per minute.

First, determine the total amount of dollars earned. In this case, the amount of dollars earned was $100.00.

Next, determine the number of hours this money was earned in. It took 3 hours to earn the $100.00.

Next, determine the dollars per hour by dividing the dollars by hours = 100/3 = $33.33 /hr.

Finally, calculate the cents per minute using the formula above:

cpm = DPH / 60 * 100

cpm = 33.33/ 60 * 100

cpm = 55.55 cents per minute

FAQ

How do you convert cents per minute to dollars per hour?

To convert cents per minute to dollars per hour, you can use the inverse of the formula used for calculating cents per minute. Multiply the cents per minute by 60 and then divide by 100. For example, if you earn 55.55 cents per minute, you would calculate (55.55 * 60) / 100 = $33.33 per hour.

Is it more beneficial to think in terms of cents per minute rather than dollars per hour?

It depends on the context. For short tasks or jobs that take less than an hour, thinking in terms of cents per minute can provide a clearer understanding of your earnings for that specific time frame. For longer periods of work, dollars per hour may be more beneficial as it’s a more standard measure of income over time.

Can you use the cents per minute calculation for any type of job?

Yes, the cents per minute calculation can be applied to any job that pays by the hour. It’s especially useful for freelance or contract work where tasks may vary in the time required to complete them. This calculation helps in comparing the efficiency and profitability of different tasks or jobs.