Yearly subscription to professional magazines cost a company $940.00. To Make a 30% cut in the magazine budget, how much less must be spent?
Choose the correct answer:  A) 654  B) 655  C) 656  D) 657  E) 658

Rationale: "total cost 940 940 * 30 / 100 = 282 so the cut in amount is 282 the less amount to be spend is 940 - 282 = 658 answer : e"
Answer: E