The excise duty on a certain item has been reduced to ₹ 760 from ₹

1.	The excise duty on a certain item has been reduced to ₹ 760 from ₹ 950. Find the reduction percent in the excise duty on that item.
Answer» From the question, The original excise duty on a certain item = ₹ 950 The reduced excise duty on a certain item = ₹ 760 The total amount reduced = (950 – 760) = ₹ 190 Percentage of reduction = (reduced amount/original amount) × 100 = (190/950) × 100 = (19/95) × 100 = 20% Hence, the percentage reduction in excise duty on a certain item is 20%

The excise duty on a certain item has been reduced to ₹ 760 from ₹ 950. Find the reduction percent in the excise duty on that item.

Answer»

From the question,

The original excise duty on a certain item = ₹ 950

The reduced excise duty on a certain item = ₹ 760

The total amount reduced = (950 – 760)

= ₹ 190

Percentage of reduction = (reduced amount/original amount) × 100

= (190/950) × 100

= (19/95) × 100

= 20%

Hence, the percentage reduction in excise duty on a certain item is 20%