a dishwasher is priced at $475. there are two options offered to reduce the price: either a 15% discount off…

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.
Answer
Answer:
The 15% discount is better; it saves $3.75 more.
Explanation:
Step1: Calculate 15% discount amount
$475\times0.15 = 71.25$
Step2: Compare with rebate amount
Rebate is $75$. Discount is $71.25$.
Step3: Find difference
$75 - 71.25=3.75$. The rebate saves more by $3.75$, so the rebate is better.