A man spends 75% of his income. If his income is increase by 20% and he increase his expenditure by 10% by what

April 2023 1 3 Report

A man spends 75% of his income. If his income is increase by 20% and he increase his expenditure by 10% by what percent will the saving increase?

Answer:

Let his income be Rs. 100 Expenditure = Rs. 75

Now Income is increased by 20%

Thus, new income =120

Expenditure is increased by 10%= 10075×110= Rs. 82.50

Saving =120−82.50=37.50

Earlier saving =100−75=25

Increase in saving = 2537.50−25×100=50%

Step-by-step explanation:

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