What type of stock received an equal part of the profit on each share to be – distributed after all is it obligations of a compa
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The percentage of reduction is 17%
<u>Explanation:</u>
Original price = $21
Reduced price = $17.43
Percentage of reduction = ?
Difference in price = $21 - $17.43
= $3.57
Percentage of reduction =
Therefore, percentage of reduction is 17%