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.
To determine which incentive offers a better discount, we need to compare the total cost of buying 20 eggs with each incentive.
Under incentive 1:
The cost of purchasing 20 eggs individually is $5.00 x 20 = $<<5*20=100.00>>100.00.
With incentive 1, you can purchase sets of 3 eggs for $12, so the total cost of buying 20 eggs under this incentive is $12 x (20/3) = $<<12*(20/3)=80.00>>80.00.
Under incentive 2:
You get a 20% discount on the total cost of purchasing 20 eggs, which is $100.00.
The discount amount is 20% x $100.00 = $<<20*.01*100=20.00>>20.00.
Comparing the two incentives, we can see that the total cost of buying 20 eggs under incentive 1 is $80.00, while under incentive 2, it is $100.00 - $20.00 = $80.00.
Both incentives offer the same discount amount of $20.00.