8. Mohan's income is 10,000. He saves 15% of his income. If his income increased by 20% and his saving increased by 30%. How much more money does he save now?
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Answer:
Savings = 15% = 15/100 × 10,000= 1,500.
Step-by-step explanation:
Income = ₹10,000.
savings = 15% = 15/100 × 10,000= 1,500.
new income = 120% or 120/100× 10,000
= ₹12,000.
new savings = 130% of prev savings
= 130/100× 1,500 = ₹ 1 ,950.
Additional money he saves now = ₹ 450. as 1950-1500..
% of savings now of salary
= 1950/ 12000 ×100= 16.25%
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