Halton Lighting Inc. sells a floor lamp to its retailers for a list price of $349...
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Halton Lighting Inc. sells a floor lamp to its retailers for a list price of $349 less a trade discount of 25%, Peel Lighting offers the same lamp listed for $360. To remain competitive, what rate of discount must Peel Lighting offer to match Halton Lighting's net price? Round answers to 2 decimal places (e.g. 23.45%) Halton Lighting Inc. sells a floor lamp to its retailers for a list price of $349 less a trade discount of 25%, Peel Lighting offers the same lamp listed for $360. To remain competitive, what rate of discount must Peel Lighting offer to match Halton Lighting's net price? Round answers to 2 decimal places (e.g. 23.45%)
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