A refrigerator is priced at 1 dollars comma 250 There are two options offered to reduce the price: either a 25 percent discount off the price or a rebate of 300 dollars Which is the better choice, and what is the extra amount saved?
Answer
A
The rebate is better; it saves 12 point 5 0 dollars more.
B
The 25 percent discount is better; it saves 75 dollars more.
C
The 25 percent discount is better; it saves 12 point 5 0 dollars more.
D
The rebate is better; it saves 75 dollars more.
Explanation
A 25% discount on $1,250 saves 0.25 × $1,250 = $312.50. The rebate saves $300, so the discount saves $312.50 − $300 = $12.50 more. Therefore, the 25 percent discount is better; it saves $12.50 more.
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