📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    ⚡ Month End Offer - Flat 52% Off On All Courses! Enroll Now ⚡
    00:00:00 AM Left

    Question

    Raj's income is ₹60,000 and his expenditure is

    ₹40,000. If his income is increased by 25% and expenditure by 15%, then what will be the percentage increase in saving?
    A 48% Correct Answer Incorrect Answer
    B 45% Correct Answer Incorrect Answer
    C 36% Correct Answer Incorrect Answer
    D 42% Correct Answer Incorrect Answer

    Solution

    Income =60000, Expenditure =40000. Saving =60000-40000=20000. Now 25% increase in income =60000×125/100 =75000. 15% increase by Expenditure=40000×115/100 =46000 New Saving =75000-46000=29000. Increasing in saving =29000-20000=9000. Percentage increasing saving = (9000/20000) ×100        =900/20 = 45%

    Practice Next
    More Percentage Questions

    Relevant for Exams:

    ask-question