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island remanufactured wood products inc. sells its products at trade discount of 30%, 10%. A competitor has been offering products at the same list prices
island remanufactured wood products inc. sells its products at trade discount of 30%, 10%. A competitor has been offering products at the same list prices but with trade discounts of 25%, 20%. Island Reman wishes to beat the competitor's prices by offering a third trade discount. At least how big must the additional discount rate be to meet this objective?
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