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A cafe latte was offered for sale at $2.54 at West Store. At East Store,...

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Accounting

A cafe latte was offered for sale at $2.54 at West Store. At East Store, the regular selling price of a similar cafe latte was $3.31. What rate of markdown would East Store have to offer to sell the cafe latte at the same price as West Store?
The rate of markdown is %. (Round the final answer to two decimal places as needed Round all intermediate values to six decimal places as needed.)

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