A magazine advertises that a subscription price of $29.99 ( for 12 issues) represents a savings of 70% from the newsstand price.

Question

A- What does this imply the price of one issue must be?
B- If you found that the actual price for a single issue is $8.00, would you consider the ad to be in error? why or why not?

Answer 1

If the single issue price is x, then

29.99/12 = .70x

Now just find x, and you can answer part B.

Answer 2

1.75