πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      The ratio of the expenditure to the savings of Richa is

      2 : 1. If her income and expenditure increase by 20% and 15%, respectively, then find the percentage increase in her savingsa
      A 35% Correct Answer Incorrect Answer
      B 30% Correct Answer Incorrect Answer
      C 20% Correct Answer Incorrect Answer
      D 25% Correct Answer Incorrect Answer

      Solution

      Let her initial expenditure and savings be 2k and k respectively. Her initial income = 2k + k = 3k Her final income = 3kΓ— (1 + 20%) = 3.6k Her final expenditure = 2k x (1 + 15%) = 2.3k Her final savings = 3.6k- 2.3k = 1.3k Now, % change in savings = (k-1.3k/k) x 100% = 30%

      Practice Next

      Relevant for Exams:

      ask-question