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----
offers a better discount. The discount amount of this incentive is $----.
.
Incentive 1 offers a better discount.
The total cost of purchasing 20 eggs individually would be 20 * $5.00 = $100.00.
With Incentive 1, Kyle can purchase the eggs in sets of 3 for $12.00, so he would need to purchase 6 sets to get a total of 18 eggs. The remaining 2 eggs would be purchased individually for $5.00 each.
The cost of the sets of 3 eggs would be 6 * $12.00 = $72.00.
The cost of the remaining 2 eggs would be 2 * $5.00 = $10.00.
Therefore, the total cost with Incentive 1 would be $72.00 + $10.00 = $82.00.
With Incentive 2, Kyle would get a 20% discount on his entire purchase.
The discount amount would be 20/100 * $100.00 = $20.00.
Therefore, the total cost with Incentive 2 would be $100.00 - $20.00 = $80.00.
Thus, Incentive 1 offers a better discount. The discount amount of this incentive is $18.00.