Chap 10 Percentages: Which is a better deal? (II) Newsweek

The Newsweek magazine provides an overview of the happenings in the world in a weekly basis. The English department coordinator, Ms Zuraida, is considering making the copy available to the students.

To make the purchase, Ms Zuraida has to make a proposal to the department to justify that she has identified the best deal for the school. From the Newsweek website, she learnt that there are several options:


Click at the LINK to see more information.
At the subscription page, two options are offered: 1-year or 2-year subscription.

1. In the website, it was highlighted that one saves 62% by subscription. What is the price of a copy of the magazine available at the newstand?

2. Which is a better deal - the 1-year or 2-year subscription? Justify by how much would be saved if Ms Zuraida chose the better deal?

3. Without making comparsions of the price, which one - 1-year or 2-year subscription do you think people would normally go for? Why?

8 comments:

  1. Lee Kai En,Ng Ying Liang10/05/2011 08:55:00 AM

    1.The price of a copy of magazine is $8.81(3 s.f)

    2.2 year subscription. She would save $12.48(3 s.f)

    3.2 year subscription. Since they have more issues and cost more affordable

    ReplyDelete
  2. 1. The price of 1 individual magazine is $11.54 (4SF) including bonus issues) $8.81 (3SF) without bonus issues)

    2. 2 year subscription, Including bonus magazines she would save $8.63 without bonus she would save $24

    3. 1 year as people like to be flexible and have a trying out attitude or see-how attitude

    -Ryan

    ReplyDelete
  3. This comment has been removed by the author.

    ReplyDelete
  4. The 2 year subscription as subscribing 2 times of the 1 year subscription would give $215.76 worth of savings however, 62% of the 2 year subscription only gives $200.88 worth of savings.

    ReplyDelete
  5. The following groups have submitted:
    1. Ryan and Yi De
    2. Kai En and Ying Liang
    3. Yi Chieh and Lovy

    The following group did not submit:
    1. Mark and Ishani

    ReplyDelete
  6. 1. In the website, it was highlighted that one saves 62% by subscription.
    Without taking into consideration of the free copies,
    Price of one copy (after discount) = $174/52
    = $3.35
    The price at newsstand = $3.35/38 X 100%
    = $6.44

    2. Without taking into consideration of the free copies,
    For 1-year subscription, unit price = $3.35
    For 2-year subscription, unit price = $324/104 = $3.11
    Hence the 2-year subscription is a better deal.

    However, if we take into consideration the free copies,
    For 1-year subscription, unit price = $174/2.72
    For 2-year subscription, unit price = $324/116 = $2.79
    Then the 1-year subscription will turn out to be a better deal.

    ReplyDelete
  7. Pointer for the groups...
    Check out the clarity of the presentation of your thoughts and answers. Are they clear enough to provide ample info for decision?

    ReplyDelete