Chris wants to replace the floor lamp in his living room. He can get the lamp he wants at Home Highlights at the already discounted price of $18.99, or he can buy it from Lighting Layouts at $25 with a coupon of 30% off. Determine which store offers the better incentive, and find the final price that Chris will pay for the floor lamp after the better discount is applied.(1 point)

Question

Responses

Home Highlights offers the better incentive, and the final price Chris has to pay is $18.99.
Home Highlights offers the better incentive, and the final price Chris has to pay is $18.99.

Lighting Layouts offers the better incentive, and the final price Chris has to pay is $18.99.
Lighting Layouts offers the better incentive, and the final price Chris has to pay is $18.99.

Home Highlights offers the better incentive, and the final price Chris has to pay is $13.29.
Home Highlights offers the better incentive, and the final price Chris has to pay is $13.29.

Lighting Layouts offers the better incentive, and the final price Chris has to pay is $17.50.

Answer 1

To determine which store offers the better incentive, we need to compare the prices of the lamp from both stores after applying any discounts.

1. Home Highlights:

   • Price: $18.99
   • No additional discounts apply.
   • Final Price: $18.99

2. Lighting Layouts:

   • Original Price: $25
   • Coupon: 30% off
   • Discount amount: \( 25 \times 0.30 = 7.50 \)
   • Final Price after discount: \( 25 - 7.50 = 17.50 \)

Now, we compare the final prices:

• Home Highlights: $18.99
• Lighting Layouts: $17.50

Since $17.50 is less than $18.99, Lighting Layouts offers the better incentive.

Therefore, the correct response is: Lighting Layouts offers the better incentive, and the final price Chris has to pay is $17.50.