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    Question

    A person's monthly income is increased by 10%, but his

    expenditure also increases by 20%. If he used to save 20% of his income earlier, what is the new percentage of his savings? (Corrected to 2 decimal places)
    A 10% Correct Answer Incorrect Answer
    B 9.57% Correct Answer Incorrect Answer
    C 8% Correct Answer Incorrect Answer
    D 12.73% Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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