The excise duty on a certain item has been reduced to ₹3480 from ₹ 5220. find the percentage reduction in the excise duty on that item.

Options

A. A) 25%
B. B) 30%
C. C) 33.33%
D. D) 40%

Explanation

To find the percentage reduction in the excise duty, we can follow these steps:

### Step 1: Identify the initial and final values
- Initial excise duty = ₹5220
- Final excise duty = ₹3480

### Step 2: Calculate the reduction in excise duty
To find the reduction, subtract the final excise duty from the initial excise duty.
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