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11 Nov 2015, 00:41
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E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
15%
(low)
Question Stats:
82% (01:13) correct
18%
(01:40)
wrong
based on 457
sessions
History
Date
Time
Result
Not Attempted Yet
If a subscription for 10 issues of a magazine costs $24.00 and represents a saving of 20 percent of the cover prices, what is the cover price per issue?
(A) $1.98
(B) $2.40
(C) $2.80
(D) $2.86
(E) $3.00
(A) $1.98
(B) $2.40
(C) $2.80
(D) $2.86
(E) $3.00
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10 Oct 2017, 12:26
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Bunuel
Approach I
$24 is a savings of 20 percent of regular price for TEN issues, \(R\)
\(24 = .80R\)
R = \(\frac{24}{.8}=\frac{240}{8}\)= $30
Each issue is \(\frac{$30}{10}=\) $3 per issue
Answer E
Approach 2
If 10 issues = $24, each issue is
\(\frac{$24}{10} =$2.40\)
This price is a savings of 20 percent of the regular price per issue, \(r\)
\(2.4 = .8r\)
\(r =\frac{$2.4}{.8} = \frac{$24}{8} =$3.00\)
Answer E
General Discussion
11 Nov 2015, 00:56
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Let subscription per magazine = x
10x = 24
=> x= 2.4
Let cover price per magazine= c
Since there is a 20% saving on cover prices
.8c=x
=>.8c = 2.4
=>c= 3
Answer E
10x = 24
=> x= 2.4
Let cover price per magazine= c
Since there is a 20% saving on cover prices
.8c=x
=>.8c = 2.4
=>c= 3
Answer E
