What is the percentage of change when a tax rate is reduced from 60% to 55%?

A 25/8%

B 100/9%

C 25/3%

D 100/11%

Correct Answer: Option C

here tax reduces 60% to 55% or 5% in 60 tk reduces 5 taka in 1 tk reduces 5/60 taka in 100 tk reduces 5 X 100/60 =25/3 taka