Question

    Monthly income of P is Rs.16000 and his monthly savings

    is Rs.10500. If his monthly income is decreased by 25% and monthly expenditure is decreased by 10% then find the approximate percentage decrease in his monthly savings.
    A 29% Correct Answer Incorrect Answer
    B 47% Correct Answer Incorrect Answer
    C 33% Correct Answer Incorrect Answer
    D 65% Correct Answer Incorrect Answer

    Solution

    Expenditure of P = Rs.(16000 – 10500) = Rs.5500 New Saving = (0.75 × 16000 - 0.9 × 5500) = 12000 - 4950 = Rs.7050 Decrease % in Saving = [(10500 - 7050)/7050] × 100 = 33%

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