As I know, maybe I m wrong, the duty cycle only changes the rise and fall time, changing the form of the wave, not the voltage value. Duty cycle is a ratio of rise time versus fall time.You need to revisit these relationships.
To get the RMS value of one waveform, why would you multiply the RMS value of some other waveform by 1/√2?
You are also implying that the duty cycle has no influence on the result since you didn't feel it necessary to take it into account. Well, if that's true, then should you do the same thing for duty cycles of 20%, 25%, 45%, and even 50%? But that would mean that the RMS voltage of a 50% duty cycle waveform is 0.707 times the RMS voltage of a 50% duty cycle waveform. See the problem?