Which Discount is better?
$$ or %?
Which bargain is better for these three items? $20 off or 20% off?
Whether $20 dollars off or 20% off is better, depends on the price of the item. The examples below will explain which bargain is better depending on the item price and how to calculate which discount is better.
Avengers- Lower price
For the Avengers toy, in order to calculate whether $20 or 20% off is better, you would have to turn the 20 percent into a decimal. The 20% turns into .20 which is then multiplied by the item of the price (49.99), the answer is 9.998, which can be rounded off to $10.00, you then subtract ten dollars from the $49.99 and obviously the better bargain is to take the $20 discount compared to the 20% because if you subtract $10 from $49.99 the difference comes out to $39.99 and if subtracting by $20, the total price would be $29.99.
Chair- Higher price
For the chair, you can find the better bargain by subtracting $20 from the price of the chair, $139.99 minus $20.00 equals $119.99, which seems like a good deal until you multiply $139.99 by the decimal of 20%, which is .20, after multiplying $139.99 by .20 the product is 27.99. The product is then subtracted from $139.99 and the difference is $112.00. Paying $112.00 is better than paying $119.99, in that case using the 20% discount is a better bargain than taking $20 off. Usually since the percent is 20, anything over $100 would use the percent off as the better bargain.
Batmobile- lower price
For the Bat mobile, the same calculation would apply to it as the other items. The Bat mobile is a lower price so from the calculations done for the other products, the better bargain would be taking $20 off. If you subtract $20 from 26.99 the difference is $6.99, and if multiplying $26.99 by the decimal of 20%, (.20) the product would be 5.398, rounding off would make it $5.40, then subtract $5.40 from $26.99 and the item price would be $21.59. The better bargain is using the $20 off, which leaves the item price at $6.99, compared to the 20% discount which leaves the item price at $21.59.
Saving Money!
What if you were holding two coupons, one that said “$x off: and the other said “x% off.” Which do you use and under what conditions?
Whether choosing to use "$x off" or "x%off" depends on what the answer to the missing variable is and also on the price of the item being bought. After figuring out what the missing variable is and knowing the item price, calculate which bargain is better by either multiplying the percentage by the item price and then subtracting the product from the price of the item e.g ($320.00 x .10= $32) then ($320.00-$32.00=$288.00) the final price of the item is $288.00 compared to subtracting $20.00 from $320.00, ($320.00- $20.00= $300.00) the final price is $300. Just by doing those two calculations and which one comes out with the better price, is how you would know what bargain to use.