It is: 5.56% rounded to two decimal places
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1/18% = 1/(18/100) = 100/18 = 50/9
~ 5.56
Ans = ₤18 * (1 - 10%) = ₤18 * (1 - 0.1) = ₤18 * (0.9) = ₤16.2
18 is 1% of 1800
24 is 33 and 1/3 percent more than 18.