1.

The excise duty on a certain item has been reduced from Rs. 750 to Rs.500. Find the percentage reduction in the excise duty on that item.

Answer»

Step-by-step EXPLANATION:

AMOUNT REDUCED= 750-500 =250

REDUCTION % = (reduction amount ÷ ORIGINAL amount)×100

reduction%= (250÷750)×100

reduction%= 33.33%



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