Kyle wants to purchase 20 prefilled decorated eggs to set up an egg hunt for his nephews and nieces. Each egg is priced at $5.00, and the store offers two different incentives. Incentive 1: Purchase any set of 3 prefilled eggs for $12. Incentive 2: Take 20% off your entire purchase. Determine whether incentive 1 or incentive 2 offers a better discount. Find the discount amount. Round the answer to two decimal places as necessary. (1 point) Incentive _ offers a better discount. The discount amount of this incentive is $._

1 answer

To determine which incentive offers a better discount, let’s calculate the total cost under each incentive for purchasing 20 prefilled decorated eggs.

Standard Pricing

The standard price for one egg is $5.00. Therefore, the cost for 20 eggs without any incentives is: \[ 20 \text{ eggs} \times $5.00/\text{egg} = $100.00 \]

Incentive 1: Purchase any set of 3 prefilled eggs for $12

We can buy sets of 3 eggs:

  • The number of sets we can purchase is: \[ \text{Number of sets} = 20 \div 3 = 6 \text{ sets (with 2 eggs left over)} \] This means he can buy 6 sets of 3 eggs for: \[ 6 \text{ sets} \times $12/\text{set} = $72 \] Then, he will need 2 more eggs at full price: \[ 2 \text{ eggs} \times $5.00/\text{egg} = $10 \] So, the total cost with Incentive 1 is: \[ $72 + $10 = $82 \]

Incentive 2: Take 20% off the entire purchase

First, calculate the total purchase before the discount, which we already found to be $100. Now, we calculate 20% of that: \[ \text{Discount} = 20% \times $100 = 0.20 \times 100 = $20 \] Then, subtract the discount from the total cost: \[ \text{Total cost with Incentive 2} = $100 - $20 = $80 \]

Summary of Costs

  • Cost with Incentive 1: $82
  • Cost with Incentive 2: $80

Conclusion

Incentive 2 offers a better discount.

The discount amount for Incentive 2 is $20.00.

Thus, the answer is:

  • Incentive 2 offers a better discount.
  • The discount amount of this incentive is $20.00.