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.
Incentive 1:
For every set of 3 prefilled eggs, the cost is $12.
To find the cost of 20 prefilled eggs using Incentive 1, divide 20 by 3 and round up to the nearest whole number: 20 / 3 = 6.67, which rounds up to 7 sets.
The cost of 7 sets of 3 prefilled eggs is 7 * $12 = $84.
Incentive 2:
Incentive 2 offers a 20% discount on the entire purchase.
To find the discount amount, multiply the total cost of the eggs by 20%: $5 * 20% = $1.
The discount amount for 20 eggs is $1 * 20 = $20.
Comparing the discounts:
The discount amount for Incentive 1 is $84 - $60 = $24.
The discount amount for Incentive 2 is $20.
Therefore, Incentive 1 offers a better discount of $24.