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    Question

    The monthly salary of a person was Rs 50,000. He used

    to spend on three heads- personal and family expenses (E), taxes (T), philanthropy (P), and rest were his savings. E was 50% of the income. T was 20% of E and P was 15% of T. When his salary got raised by 40%. he maintained the percentage level of E, but T became 30% of E and P became 20% of T. By what percentage is the new savings more or less than the earlier savings? (correct up to one decimal place)
    A 16.4% more Correct Answer Incorrect Answer
    B 8.2% more Correct Answer Incorrect Answer
    C 16.4% less Correct Answer Incorrect Answer
    D 8.2% less Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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