$10 credit to India from USA(How many minutes)

I bought $10 credit on Dec 24th. The online rates on skype says 1.5 cents/min(1.7 cents/min with Vat) to India from USA . If I am doing math correctly, I have Appx appx 588 min(appx 9.8 hrs)to talk.  I have talked for 114.78 mins(1.9 hr) to India. Now ,on Dec 31st, when  I call on mobile or land line it says not sufficient credit. Where are  my remaing-473.22 min ( 588-114.7?  Why my $10 credit is over so fast?
While calulating the appx 588 min for 10 US dollars(1.7 cent/min rate skype website)- I have assumed 1 hr is 60 min and 100 cents is 1 dollar. I hope my assumtions are correct!
Thanks,

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