Let intensity be i.On passing through first Polaroid intensity reduces to half i.e i/2. On passing through second Polaroid intensity can be found by using malus law.
I new = i/2cos^(phi/2)
Given phi =45°
I new = i/2(1/✓2)^2
I new = i/4.
Now percentage of incident light transmitted is (1/4)100= 25%