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    Question

    Monthly income of P is Rs.14000 and his monthly savings

    is Rs.8500. If his monthly income is decreased by 30% and monthly expenditure is decreased by 25% then find the approximate percentage decrease in his monthly savings.
    A 21% Correct Answer Incorrect Answer
    B 47% Correct Answer Incorrect Answer
    C 33% Correct Answer Incorrect Answer
    D 65% Correct Answer Incorrect Answer
    E 40% Correct Answer Incorrect Answer

    Solution

    Expenditure of P = Rs.(14000 – 8500) = Rs.5500 New Saving = (0.7 × 14000 - 0.75 × 5500) = 9800 - 4125 = Rs.5675 Decrease % in Saving = [(8500 - 5675)/8500] × 100 = 33%

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