Question

3. The excise duty on a certain item has been reduced to 760 from 950. Find the reduction
per cent in the excise duty on that items​

Answer 1

Answer:

From the question,

The original excise duty on a certain item =Rs.950

The reduced excise duty on a certain item =Rs.760

The total amount reduced =(950−760)

=Rs.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%

Step-by-step explanation:

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