Step 1: Electric field on the axis of a charged disc:
\( E = \dfrac{\sigma}{2\varepsilon_0}\left(1 - \dfrac{x}{\sqrt{x^2 + R^2}}\right) \)
Step 2: At \( x = R \):
\( E = \dfrac{\sigma}{2\varepsilon_0}\left(1 - \dfrac{1}{\sqrt{2}}\right) \)
Step 3: Fractional reduction:
\( \dfrac{1}{\sqrt{2}} \approx 0.707 \Rightarrow \text{reduction} \approx 29.3\% \)