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Jim, the owner of Big Time Restaurant, is applying for the Main Street Small Business Tax Credit I. His restaurant has 23 employees. Jim determines

Jim, the owner of Big Time Restaurant, is applying for the Main Street Small Business Tax Credit I. His restaurant has 23 employees. Jim determines the restaurant had $250,000 in gross receipts for the second quarter 2019 and $100,000 in gross receipts for second quarter 2020. Therefore, the percent of decrease in gross receipts is what percentage? Explain

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