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Percentages

The excise du...

Question

The excise duty on a certain item has been reduced from $R s .1275$ to $R s .965$ . Find the percentage reduction in the excise duty for that item.

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Solution

Reduction amount $= 1275 - 965 = R s . 310$
Percentage of reduction $= \frac{310}{1275} \times 100 = 24.31 %$

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