3
QuizMultiple Choice

Budgeting and Being a Smart Consumer(CFA1)

Question 3 • General Financial Literacy - Brinkerhoff - 2000 - 2026/27

Kala’s family is shopping for a large screen TV. The TV they decided on has a retail price of $1,000 at four stores. The state sales tax is 5%. Each store is offering a different sales promotion, as listed in the table. StorePromotional OfferA$80 rebateB10% discount on priceCStore pays all sales taxD$40 rebate with store paying half of sales taxWhich store has the best deal?

Answer
A
store A
B
store B
C
store C
D
store D
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