📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      The income of a person is Rs.15000 and his expenditure

      is Rs.11000. In the next year his income and expenditure are increased by 8% and 16% respectively. His saving is what percent less than that of the previous saving?
      A 10% Correct Answer Incorrect Answer
      B 12% Correct Answer Incorrect Answer
      C 14% Correct Answer Incorrect Answer
      D 15% Correct Answer Incorrect Answer
      E 16% Correct Answer Incorrect Answer

      Solution

      Initial Savings = 15000 – 11000 = Rs. 4000 Next year, Income = 15000 × (108/100) = Rs.16200 Expenditure = 11000 × (116/100) = Rs.12760 Saving = 16200 – 12760 = Rs.3440 Required % = [(4000 – 3440)/4000] × 100 = 14%

      Practice Next
      More Mensuration Questions
      ask-question