Business Studies, asked by anjuvishalsingh, 1 month ago

A person spends 75% of his income if his income increases by 20% and expense increases by 15% his savings will increase by​

Answers

Answered by MrMysterious10023
12

{\large{\mathfrak{\red{\underline{Given :}}}}}

A person spends 75% of his income if his income increases by 20% and expense increases by 15%.

{\large{\mathfrak{\blue{\underline{To Find :}}}}}

What will be his savings increased by.

{\large{\mathfrak{\orange{\underline{Solution :}}}}}

{\maltese{\underline{\bf{Let  \: us \:  Assume  \: that :}}}}

{\sf{Previous  \: income = Rs.100}}

{\sf{Previous  \: expenses = Rs.75}}

{\sf{New  \: income  \: increased \:  by \:  20 \: percent.}}

Hence,

{\sf{New  \: income = 100 + 20 = Rs.120}}

{\sf{Expense  \: increased  \: by  \: 15 \: percent= {\cancel\frac{75 \times 115}{100}   }}}

{\green{\mapsto{\red{\boxed{\bf{Rs.86.25}}}}}}

Saving,

{\sf{New  \: saving = 120 - 86.25 = 33.75}}

{\sf{Earlier  \: saving = 100 - 75 = 25}}

{\sf{Increase  \: in  \: saving =  {\cancel\frac{33.75 - 25}{25} \times 100 }}}</p><p>

{\purple{\dashrightarrow{\red{\dag{\purple{\boxed{\pmb{\sf{35 percent.}}}}}}}}}

{\maltese{\bf{\underline{So,}}}}

The saving increase is 35%.

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Answered by pavipandya03
1

Answer:                                                                                                                              % Increase in saving =12.525×100=50

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