If your present salary is Rs.2500 per month and your expenses are Rs.1950 per month. What percentage of salary do you spend per month?
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Solution:
Monthly income = Rs. 2500
Spending = Rs. 1750
Saving - monthly income - spending = 2500 - 1750 = Rs. 750
Percentage of income he saves = \frac{750}{2500}\times100=30\%
2500
750
×100=30%
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