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?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%
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