📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Priya spends 80% of her monthly

      income. If her monthly income increases by 25% and her monthly expenditure also increases by 15%, find the percentage increase in her savings.
      A 55% Correct Answer Incorrect Answer
      B 28% Correct Answer Incorrect Answer
      C 65% Correct Answer Incorrect Answer
      D 20% Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let the initial monthly income be ‘Rs. x’. Initial monthly expenditure = ‘Rs. 0.8x’ So, initial savings = ‘Rs. 0.2x’ Increased monthly income = 1.25 × x = ‘Rs. 1.25x’ Increased monthly expenditure = 1.15 × 0.8x = ‘Rs. 0.92x’ So, increased savings = (1.25x – 0.92x) = ‘Rs. 0.33x’ Required percentage = {(0.33x – 0.2x)/0.2x} × 100 = {(0.13x × 100)/0.2x} = 65%

      Practice Next
      More Percentage Questions

      Relevant for Exams:

      ask-question