To calculate the total amount saved when buying five cans of soup at $2.99 each and using a "buy four, get one free" coupon, follow these steps:
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Calculate the total cost without the coupon: \[ 5 \text{ cans} \times 2.99 \text{ per can} = 14.95 \]
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Determine the number of cans you need to pay for with the coupon: With the "buy four, get one free" coupon, you only pay for four cans. Since you are buying five cans, you get one can free.
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Calculate the cost for the four cans: \[ 4 \text{ cans} \times 2.99 \text{ per can} = 11.96 \]
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Determine the savings from the coupon: You save the cost of the one free can: \[ 1 \text{ can} \times 2.99 \text{ per can} = 2.99 \]
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Final total:
- Total cost with coupon: $11.96
- Total cost without coupon: $14.95
- Savings: $2.99
Therefore, the total amount saved by using the coupon is $2.99.