A dishwasher is priced at $475. There are two options offered to reduce the price: either a 15% discount off the price or a rebate of $75. Which is the better choice, and what is the extra amount saved? The 15% discount is better; it saves $60 more. The 15% discount is better; it saves $3.75 more. The rebate is better; it saves $3.75 more. The rebate is better; it saves $60 more.

ANSWERS

2021-06-11 09:02:02

First you need to figure out how much money you would save with a 15% discount. You find this out by multiplying the total amount by 15% or 0.15. 475 x 0.15 = $71.25 The other option is just a flat rebate for $75. $75 is greater than $71.25 by $3.75, so the rebate is the better deal. $75 - $71.25 = $3.75

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