Question

The excise duty on a certain item has been reduced to ₹580 from ₹870.Find the percentage reduction in the excise duty for that item.​

Answer 1

Answer:

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=

originalvalue

Decrease

×100%=

870

290

×100=33.33%