Arithmeticmedium · Past Paper
A man spends 75% of his income. If his income increases by 20% and his expenditure increases by 10%, find the percentage increase in his savings.
A30%
B40%
C50%
D60%
✓ Correct Answer: C — 50%
Let Income=100, Exp=75, Sav=25. New Income=120, New Exp=82.5, New Sav=37.5. Increase = 12.5. Increase % = (12.5/25)*100 = 50%.
Share this question