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?

Question

Revolt · Accepted Answer

The rebate is better; it saves $3.75 more.

Budgeting and Being a Smart Consumer(CFA1)

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?

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