Question: Shamin Jewelers sells diamond necklaces for $414.00 less 6%. True Value Jewelers offers the same necklace for $571.00 less 27%, 15%. What additional rate

Shamin Jewelers sells diamond necklaces for $414.00 less 6%. True Value Jewelers

 

Shamin Jewelers sells diamond necklaces for $414.00 less 6%. True Value Jewelers offers the same necklace for $571.00 less 27%, 15%. What additional rate of discount must Shamin offer to meet the competitor's price? The additional rate of discount that Shamin Jewelers must offer to meet the competitor's price is %. (Round to two decimal places as needed. Round all intermediate values to six decimal places as needed.)

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