Question
In 2021, Ravi's income was Rs.
18,000, out of which he spent 35% and saved the rest. In 2022, if Ravi's income increased by 15% and his expenses increased by Rs. 1,200, how much does he save in 2022?Solution
ATQ,
Ravi's income in 2022 = 18,000 x 1.15 = Rs. 20,700 Ravi's expenses in 2021 = 18,000 x 0.35 = Rs. 6,300 Ravi's expenses in 2022 = 6,300 + 1,200 = Rs. 7,500 Amount saved by Ravi in 2022 = 20,700 - 7,500 = Rs. 13,200
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