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

    Question

    A person saves 15% of his monthly income. If his monthly

    is increased by 35% and he still saves the same amount as before then find percentage increase (approximate) in his monthly expenditure.
    A 43.75% Correct Answer Incorrect Answer
    B 53.35% Correct Answer Incorrect Answer
    C 46.66% Correct Answer Incorrect Answer
    D 41.1% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let monthly of person is Rs. 100x Monthly savings = 0.15 ├Ч 100x = Rs. 15x Monthly expenditure = 100x тАУ 15x = Rs. 85x His increased monthly income = 1.35 ├Ч 100x = Rs. 135x His monthly expenditure now = 135x тАУ 15x = 120x Percentage increase in expenditure = [(120x тАУ 85x)/85x] ├Ч 100 ~ 41.1%

    Practice Next
    More Percentage Questions
    ask-question