Gavin wants to buy a jacket that sells for $38.95. An advertisement says that next week that jacket will be on sale for $22.50. How much will Gavin save if he waits until next week to buy the jacket?

Gavin will save $16.45 if he waits until next week to buy the jacket.

Step-by-step explanation:

Given: Current Market price of jacket = $38.95

Sales price next week = $22.50

Amount he can save = (Current Market price of jacket)- (Sales price next week )

i.e. Amount he can save = $ (38.95-22.50)

i.e. Amount he can save = $ 16.45

Hence, Gavin will save $16.45 if he waits until next week to buy the jacket.