Polar Bay Wines advertises California Juice listed at $125 per bucket for a discount of 24%. A nearby competitor offers the same type of juice for $87.40 per bucket. What additional rate of discount must Polar Bay Wines give to meet the competitor's price?

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 36A: The cost of one dozen cutters is listed as $525. A multiple discount of 12% and 8% is applied to the...
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Polar Bay Wines advertises California Juice listed at $125 per bucket for a discount of 24%. A nearby competitor offers the same type of juice for $87.40 per bucket. What additional rate of discount must Polar Bay Wines give to meet the competitor's price?

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