Niagara Dairies gives convenience stores a trade discount of 24% on butter listed at $72.00 per case.

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Niagara Dairies gives convenience stores a trade discount of 24% on butter listed at $72.00 per case. What rate of discount will Silver wood Milk Products have to give on its list price of $74.50 per case to match Niagara’s price to convenience stores?
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