4
AssignmentMultiple Choice

Finding the Best Deal

Question 4 • Discover Your Future

You are making headbands to sell at a market. You need to order 36 bundles of elastic. Hair It Is sells elastic for $7.90 per bundle. If you buy a pack of 20 bundles, the cost comes down to $7.20 per bundle. Hair To Go sells the same elastic at $87.00 for a dozen bundles. What percent can you save by going with the lower price?

Answer
A
5.6%
B
4.83%
C
4.5%
D
3.6%
E
3.48%

Explanation

At Hair It Is, one 20-bundle pack costs 20 × $7.20 = $144, and the remaining 16 bundles cost 16 × $7.90 = $126.40, for a total of $270.40. Hair To Go charges 3 × $87 = $261 for 36 bundles, saving $9.40. Relative to the higher cost, the savings are $9.40 ÷ $270.40 × 100 ≈ 3.48%, so the answer is E, 3.48%.

AI-written and checked against the verified answer.

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