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Which store offers the best price?

Store 1 Store 2 Store 3
Price $27 $27 $30
Discount 10%
Warranty 5 yr 3 yr 4 yr

User Martin M J
by
7.4k points

1 Answer

4 votes

Final answer:

Store 1 offers the best price after a 10% discount, bringing the cost down to $24.30 with a 5-year warranty. Store 2 has no discount and a 3-year warranty, and Store 3 has a higher price of $30 but a 4-year warranty.

Step-by-step explanation:

To determine which store offers the best price, we must consider both the price after the discount and the value of the warranty provided. Let's calculate the discounted price for Store 1:

  • Original Price: $27
  • Discount: 10% of $27 = $2.70
  • Discounted Price: $27 - $2.70 = $24.30

Store 2 has the same original price of $27 but no discount and a shorter warranty. Store 3 has a higher price of $30 and a longer warranty than Store 1 but shorter than Store 2.

Based on the discounted price and warranty length, Store 1 offers the best deal with a price of $24.30 and a 5-year warranty. However, if warranty length is more important to the customer than the initial discount, they might prefer Store 3 despite its higher price. It's essential to weigh both the price and the warranty length based on personal preference and the value of the warranty offered.

User GowriShankar
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7.3k points