MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Finding Discounts

The exercise ...

Question

The exercise duty on a certain item has been reduced to $s .$ 580 $f r o m R s .$ 870$.Find the percentage reduction in the excise duty for that item.

Open in App

Solution

Old excise duty $=$ Rs. $870$
New excise duty $=$ Rs. $580$
Decrease in excise duty $=$ Rs. $870 -$ Rs. $580 =$ Rs. $290$
Percentage decrease in excise duty $= \frac{D e c r e a s e}{o r i g i n a l v a l u e} \times 100 % = \frac{290}{870} \times 100 = 33.33 %$

Suggest Corrections

thumbs-up

0

Similar questions

Q. The excise duty on a certain item has been reduced from

R s .1275

R s .965

. Find the percentage reduction in the excise duty for that item.

Q. The excise duty on a certain item has been reduced to Rs 760 from Rs 950. Find the reduction per cent in the excise duy on that item.

Q. The sales tax on a certain item has been reduced to $680 from $850. What is the reduction percentage in the sales tax on that item?

Q. If final goods attracts an excise duty of Rs. 8000 and Rs. 1050 has already been paid on inputs then the firm will pay the 7000 towards excise duty. It is paying tax according to

Q. If final good attracts an excise duty of Rs. 8000 and Rs. 1000 has already been paid on inputs then the firm will pay the Rs. 7,000 towards excise duty. It is paying tax according to________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Finding Discounts

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Finding Discounts

Standard VIII Mathematics

Join BYJU'S Learning Program

CrossIcon