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A man spends 75% of his income. His income increased by 20% and he increased his expenditure by 15%. His savings will then be increased by
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- 33%
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33 1 % 3 - 35%
- 40%
Correct Option: C
Let man’s income = ₹ 100
Savings = 100 – 75 = ₹ 25
New income = ₹ 120
| Savings = 120 - | = 120 - | |||
| 100 | 4 |
| Savings = | = ₹ | |||
| 4 | 4 |
| Increase in savings = | - 25 = ₹ | |||
| 4 | 4 |
| ∴ Percentage increase = | × 100 = 35% | |
| 25 |
