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Use the information provided below to calculate the cost (as a percentage) to Zarra Stores of not accepting the discount. Express the answer to two

Use the information provided below to calculate the cost (as a percentage) to Zarra Stores of not accepting the discount. Express the answer to two decimal places. (4 marks) INFORMATION Summit Wholesalers normal credit terms to Zarra Stores are 60 days but the supplier is prepared to allow a 3.5% rebate if Zarra Stores pays the account within 10 days.

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