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Ward's Jewellers Sells Engagement Rings for $2350

Question 84

Multiple Choice

Ward's Jewellers sells engagement rings for $2350.00 each less 20%. Its competitors across town offer the same ring for $2390.00 less 19%, 12%. What additional rate of discount must Ward's offer to meet the competitor's price?


A) 15.830%
B) 9.384%
C) 10.900%
D) 8.236%
E) 9.486%

Correct Answer:

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