A covalent bond is a form of chemical bonding between two non-metals, whereas ionic bonding is a bond between a metal and a non-metal.
Answer : The percentage reduction in intensity is 79.80 %
Explanation :
Using Beer-Lambert's law :



where,
A = absorbance of solution
C = concentration of solution = 
l = path length = 2.5 mm = 0.25 cm
= incident light
= transmitted light
= molar absorptivity coefficient = 
Now put all the given values in the above formula, we get:



If we consider
= 100
then, 
Here 'I' intensity of transmitted light = 20.198
Thus, the intensity of absorbed light
= 100 - 20.198 = 79.80
Now we have to calculate the percentage reduction in intensity.


Therefore, the percentage reduction in intensity is 79.80 %
Lewis Structure is drawn in following steps,
1) Calculate Number of Valence Electrons: # of Valence electrons in Mg = 2
# of Valence electrons in I = 7
# of Valence electrons in I = 7
---------
Total Valence electrons = 16
2) Draw Mg as a central atom surround it by two atoms of Iodine.3) Connect each Iodine atom to Mg, and subtract two electrons per bond. In this case we will subtract 4 electrons from total valence electrons. i.e.
Total Valence electrons 16
- Four electrons - 4
----------
12
4) Now start adding the remaining 12 electrons on more electronegative atoms i.e. Iodine.
The final lewis structure formed is as follow,