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  1. 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
    1. 37
      1
      %
      2
    2. 50%
    3. 25%
    4. 10%
Correct Option: B

Let Man’s income = Rs. 100
∴ Expenditure = Rs. 75
Savings = Rs. 25
New income = Rs. 120

Expenditure =
75 × 110
= Rs. 82.5
100

∴ Required percentage =
37.5 - 25
× 100
25

Required percentage =
12.5 × 100
= 50%
25



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