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 ? offers a better discount. The discount amount of this incentive is $?
Incentive 1:
If Kyle purchases 20 prefilled eggs at $5.00 each, he would have to pay 20 * $5.00 = $<<20*5=100.00>>100.00.
However, if he purchases the eggs in sets of 3 for $12.00, he would have to buy 20 / 3 = <<20/3=6.67>>6.67 sets.
Thus, he would have to pay 6.67 * $12.00 = $<<6.67*12=80.04>>80.04.
Therefore, the discount amount for incentive 1 is $100.00 - $80.04 = $<<100-80.04=19.96>>19.96.
Incentive 2:
A 20% discount on a $100.00 purchase would be 20% * $100.00 = $20.00.
Therefore, the discount amount for incentive 2 is $20.00.
Comparing the discounts, incentive 2 offers a better discount. The discount amount for incentive 2 is $20.00.