Mary has a coupon for 15% off at a department store. She wants to buy a humidifier that costs $129.95. Which of the following is closest to the amount Mary will save if she buys the humidifier and uses the coupon?

Rationale

Mary will save approximately $20.00 if she uses her 15% off coupon on the humidifier.

To calculate her savings, we multiply the cost of the humidifier, $129.95, by the discount rate of 15%. This results in a savings amount that is closest to $20.00.

A ($15.00) YOUR ANSWER

Calculating 15% of $129.95 yields a savings amount of $19.49. Therefore, $15.00 is significantly lower than the actual savings Mary would realize with her coupon.

B ($18.00) YOUR ANSWER

While $18.00 is closer than $15.00, it still does not accurately reflect the savings. The calculation shows that Mary will save approximately $19.49, which is higher than this amount.

C ($20.00) CORRECT

This is the closest estimate to the actual savings Mary will achieve. By calculating 15% of $129.95, we find her savings to be approximately $19.49, which rounds to about $20.00, making it the most accurate choice.

D ($22.00) YOUR ANSWER

This option overestimates the savings, as 15% of $129.95 is below $22.00. Hence, it does not represent a realistic amount that Mary would save using the coupon.

Conclusion

Mary's coupon for 15% off on a humidifier priced at $129.95 results in a savings of approximately $19.49, which is best approximated by $20.00. The other options either underestimate or overestimate her savings, highlighting the importance of accurate percentage calculations in determining discount values.

Mary has a coupon for 15% off at a department store. She wants to buy a humidifier that costs $129.95. Which of the following is closest to the amount Mary will save if she buys the humidifier and uses the coupon?

Mary will save approximately $20.00 if she uses her 15% off coupon on the humidifier.

Related Questions

Related Quizzes

How familiar were you with this question?

Report an Issue

Rate this Practice Test