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Due to a logging mill closure, Carlytown falls on hard times and its population de- creases from 12,113 to 10,833 in the space of one year.

Due to a logging mill closure, Carlytown falls on hard times and its population de- creases from 12,113 to 10,833 in the space of one year. What is the percent decrease, rounded to the nearest hundredth of a percent?

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