(c) 48.8%
New value of x = \(\frac{80}{100}\)x = 0.8x
New value of y2 = \(\frac{80}{100}\)y x \(\frac{80}{100}\)y = 0.64y2
\(\therefore\) New value of expression = 0.8x x 0.64y2
= 0.512 xy2
\(\therefore\) % reduction in the value = \(\frac{Xy-0.512Xy^2}{Xy^2}\)x 100%
= (0.488 × 100)% = 48.8%