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Calculate the Trade Discount and Trade Discount Rate (Round Answer

Question 109

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Calculate the trade discount and trade discount rate (round answer to the nearest tenth percent):  List Price  Trade Discount  Trade Discount Rate  Net Price $3.98$3.83\begin{array} { l l l l } \text { List Price } & \text { Trade Discount } & \text { Trade Discount Rate } & \text { Net Price } \\\$ 3.98 &&& \$ 3.83\end{array}

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