Lumber King sells 2x4 studs for $3.15 each less 15%. Its competitors across town offer the same
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Lumber King sells 2x4 studs for $3.15 each less 15%. Its competitors across town offer the same stud for $3.55 less 22%, 18%. What additional rate of discount must Lumber King offer to meet the competitor's price?
A. 14.188%
B. 16.392%
C. 16.232%
D. 13.023%
E. 15.198%
Expert Answer:
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