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      Question

      Monthly income of P is Rs.15000 and his monthly savings

      is Rs.9600. If his monthly income is decreased by 35% and monthly expenditure is decreased by 25% then find the approximate percentage decrease in his monthly savings. TYPE 28
      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 41% Correct Answer Incorrect Answer

      Solution

      Expenditure of P = Rs.(15000 โ€“ 9600) = Rs.5400 New Saving = (0.65 ร— 15000 - 0.75 ร— 5400) = 9750 - 4050 = Rs.5700 Decrease % in Saving = [(9600 - 5700)/9600] ร— 100 = 41%

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