Company A's quotation was $850,000, less 15% and 8% for a supply of steel rods. Company B's

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Company A's quotation was $850,000, less 15% and 8% for a supply of steel rods. Company B's quotation was $1,140,000, less 20% and 20% for the rods. What additional trade discount rate should the bidder with the higher quote provide to match the quote of the other bidder?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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