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Solve the Problem. -A Pool Table with a List Price of $395 Is

Question 25

Multiple Choice

Solve the problem.
-A pool table with a list price of $395 is sold by a wholesaler at a net cost of $252.80. Find the single trade discount rate being offered. Round to the nearest tenth of a percent if necessary.


A) 56.3%
B) 55.3%
C) 64%
D) 36%

Correct Answer:

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