Kyle wants to purchase 20 prefilled decorated eggs to set up an egg hunt for his nephews and nieces. Each egg is priced at $5.00, and the store offers two different incentives. Incentive 1: Purchase any set of 3 prefilled eggs for $12. Incentive 2: Take 20% off your entire purchase. Determine whether incentive 1 or incentive 2 offers a better discount. Find the discount amount. Round the answer to two decimal places as necessary. (1 point)
Incentive 1: Purchase any set of 3 prefilled eggs for $12.
To determine how many sets of 3 eggs Kyle needs to purchase, divide the total number of eggs he wants to buy by 3: 20 eggs / 3 eggs/set = 6.67 sets
Since Kyle can't buy a fraction of a set, he needs to buy 7 sets, which will cost 7 sets * $12/set = $<<7*12=84.00>>84.
Incentive 2: Take 20% off your entire purchase.
To calculate the discount amount, multiply the total cost by the discount rate: $84 * 20% = $<<84*20*.01=16.80>>16.80.
In this case, Incentive 2 offers a better discount because it saves Kyle $16.80.