Buying Online vs In-Store: Which Option Saves You More Money?
Question:
What is the difference in cost between buying a product for $412.50 online with a 25% discount and buying it in the store?
Answer:
The product will cost you $309.38 if you purchase it in the store.
Reflecting on the data provided, it is clear that in this scenario, buying the product in the store is more cost-effective compared to purchasing it online with a discount. Let's delve into the details of how the final price is calculated.
If the original price of the product is $412.50 and a 25% discount is applied for online purchases, the discount amount can be calculated by multiplying the original price by the discount percentage (25/100). This results in a discount of $103.12.
When you choose to buy the product in the store instead of online, you do not benefit from the discount offered on the website. Therefore, the final price of the product would be the original price minus the discount amount. Subsequently, if you purchase the product in the store, it will cost you $309.38.
It's essential to weigh the options carefully when making purchasing decisions to ensure you get the best value for your money. Remember to consider factors such as discounts, convenience, and overall cost before making a choice between buying online or in-store.