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After visiting an industry trade show, you see that your competitors have a net price of $504. Your companys product has a selling price of
After visiting an industry trade show, you see that your competitors have a net price of $504. Your companys product has a selling price of $654 with a 16% trade discount. (Round "additional trade discount" to the nearest tenth percent.) |
What additional trade discount must you offer to meet the competitors net price of $504? What is the chain discount? |
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