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ATQ,
Amount spent by Vijay in 2021 = 45000 × 0.45 = Rs. 20,250
Amount saved by Vijay in 2021 = 45000 - 20250 = Rs. 24,750
Income of Vijay in 2022 = 45000 × 1.18 = Rs. 53,100
Amount spent by Vijay in 2022 = 20250 + 1200 = Rs. 21,450
So, amount saved by Vijay in 2022 = 53100 - 21450 = Rs. 31,650
Increase in savings as compared to 2021 = 31650 - 24750 = Rs. 6,900
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