A specific model of computer servers are being sold by Company A for $26,900 each, offering trade discounts of 8% and 5% and by Company B for $35,900 each, offering trade discount rates of 12% and 2%.

a. Which company offers the servers for a cheaper price?

A

B

b. What further trade discount rate must the company with the higher price provide to match the lower price?

? %

Round to two decimal places