Question
In 2020, Maran earned Rs. 16,500, spending 40% of it and
saving the remainder. The following year, his earnings increased by 20%, and his expenditures also went up by Rs. 900. How much did Maran manage to save in 2021?Solution
Maran's income in 2021 = 16500 x 1.2 = Rs. 19800 Maran's expenses in 2020 = 16500 x 0.4 = Rs. 6600 So, Maran's expenses in 2021 = 6600 + 900 = Rs. 7500 So, amount saved by Maran in 2021 = 19800 - 7500 = Rs. 12300 Hence, option c.
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