Question
Consider the following two monetary incentives when purchasing a desktop computer at the regular price of 2.99. 25% off all desktops with purchase of 200 or more 70% rebate on any purchase of 200 or more. Find the price of the better incentive, after the discount has been applied.
Answers
GPT 3.5
In the first incentive, the discount is 25% off the regular price of 2.99, so the discount is (25/100) * 2.99 = $0.7475.
Therefore, the price of the desktop computer after the discount is 2.99 - 0.7475 = $2.2425.
In the second incentive, the rebate is 70% off the regular price of 2.99, so the rebate is (70/100) * 2.99 = $2.093.
Therefore, the price of the desktop computer after the rebate is 2.99 - 2.093 = $0.897.
Comparing the two prices, we can see that the better incentive is the second one, with a price of $0.897 after the discount has been applied.
Therefore, the price of the desktop computer after the discount is 2.99 - 0.7475 = $2.2425.
In the second incentive, the rebate is 70% off the regular price of 2.99, so the rebate is (70/100) * 2.99 = $2.093.
Therefore, the price of the desktop computer after the rebate is 2.99 - 2.093 = $0.897.
Comparing the two prices, we can see that the better incentive is the second one, with a price of $0.897 after the discount has been applied.