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Northern Fan sells a ceiling fan to its retailers for a list price of $298, less a trade discount of 35%. Hunter offers the same

Northern Fan sells a ceiling fan to its retailers for a list price of $298, less a trade discount of 35%. Hunter offers the same ceiling fan for a list price of $325. To remain competitive, what rate of discount must Hunter offer to match Northern Fan's net price? Round answers to 2 decimal places (e.g. 23.45%)

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