ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    MahimaтАЩs expenditure and savings are in the ratio 5 :

    3. Her income increases by 15%. Her expenditure also increases by 18%. By how many % does he saving increase?
    A 13% Correct Answer Incorrect Answer
    B 10% Correct Answer Incorrect Answer
    C 7% Correct Answer Incorrect Answer
    D 20% Correct Answer Incorrect Answer

    Solution

    Let expense = 500 , savings = 300 & income = 800 So new expense = 500+ 18% of 500 = 500 + 90 = 590 & new income = 800 + 15% of 800 = 800 +120 = 920┬а┬а So new savings┬а = 920 тАУ 590 = 330┬а тИ┤ Required % increase in savings= (330 тАУ 300 ) /300├Ч 100 = 30 /300├Ч100% = 10%

    Practice Next
    More Income and Expenditure Questions

    Relevant for Exams:

    ask-question