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Finding Discounts

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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.

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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 $= \frac{D e c r e a s e}{o r i g i n a l v a l u e} \times 100 % = \frac{290}{870} \times 100 = 33.33 %$

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