a refrigerator is priced at $1,250. there are two options offered to reduce the price: either a 25% discount…

a refrigerator is priced at $1,250. there are two options offered to reduce the price: either a 25% discount off the price or a rebate of $300. which is the better choice, and what is the extra amount saved?\nthe 25% discount is better; it saves $12.50 more.\nthe rebate is better; it saves $12.50 more.\nthe 25% discount is better; it saves $75 more.\nthe rebate is better; it saves $75 more.
Answer
Explanation:
Step1: Calculate 25% discount amount
$1250\times 0.25 = 312.5$
Step2: Compare with rebate amount
Rebate amount is $300$. Difference is $312.5 - 300=12.5$
Answer:
The 25% discount is better; it saves $12.50 more.