the 20% off sale is a better deal than the $200 rebate or $150 coupon for the $1,500 dining set. the porters…

the 20% off sale is a better deal than the $200 rebate or $150 coupon for the $1,500 dining set. the porters budgeted $1,250 for a new dining room set. explain why this is the best deal for them. are they under budget?

the 20% off sale is a better deal than the $200 rebate or $150 coupon for the $1,500 dining set. the porters budgeted $1,250 for a new dining room set. explain why this is the best deal for them. are they under budget?

Answer

Explanation:

Step1: Calculate price with 20% off

The original price of the dining - set is $1500. A 20% discount means the Porters pay 80% of the original price. So the price is $1500\times0.8 = 1200$.

Step2: Calculate price with $200 rebate

The price after a $200 rebate is $1500 - 200=1300$.

Step3: Calculate price with $150 coupon

The price after using a $150 coupon is $1500 - 150 = 1350$.

Step4: Compare prices and budget

The price with 20% off ($1200) is less than the price with the $200 rebate ($1300) and the price with the $150 coupon ($1350). Also, $1200<1250$, so they are under budget.

Answer:

The 20% off deal is the best because it results in the lowest price of $1200, which is less than the prices from the other two deals ($1300 with the $200 rebate and $1350 with the $150 coupon) and is also under their budget of $1250.