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A Final answer needs to be submitted to the online test question response field. Use the logbook function to show your approach, work, any equations

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A Final answer needs to be submitted to the online test question response field. Use the logbook function to show your approach, work, any equations and the value of variables used to calculate your final answer. A pet food company in Toronto, Ontario sells a bag of food for $24.70 with trade discount rates of 8% and 6%. At the same time, a company in Orillia, Ontario sells the same bag of food for $22.30 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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