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4 A pet food company in Toronto, Ontario sells a bag of food for $24.80 with trade discount rates of 8% and 6%. At the

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A pet food company in Toronto, Ontario sells a bag of food for $24.80 with trade discount rates of 8% and 6%. At the same time, a company in Orillia, Ontario sells the same bag of food for $24.00 with two trade discount rates of 6% and 3%. a. Which company is offering the food for a cheaper price? The company in Toronto The company in Orillia b. What further trade discount rate must the company with the higher price provide to match the lower price? % Round to two decimal places

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