Fresh Co advertises to price match its competitors. This week Fresh Co sells grapes for $3.99 per pound. No Frills has sale on grapes and is selling at $2.69 per pound. Calculate the rate of markdown for Fresh Co for the grapes to price match competition.
A) 43.8%
B) 48.3%
C) 32.6%
D) 25.4%
E) 0%
Correct Answer:
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