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A man spends 75% of his income. His income is increased by 20% and he increased his expenditure by 10%. His savings are increased by
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37 1 % 2 - 50%
- 25%
- 10%
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Correct Option: B
Let Man’s income = Rs. 100
∴ Expenditure = Rs. 75
Savings = Rs. 25
New income = Rs. 120
Expenditure = | = Rs. 82.5 | |
100 |
∴ Required percentage = | × 100 | |
25 |
Required percentage = | = 50% | |
25 |