Kailash spends 75%of his income. His expenditure is increased by 10% and income by 20%. How much would his savings increase in percentage?
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Answer:
6.25%
Step-by-step explanation:
suppose his income is 100 rupees
he spent 75%=75 rupees
he save =25 rupee
now expenditure increase 10%=75*10/100=7.5 rupees
now he spent =75+7.5=82.5 rupees
and income increased =20%=100+20=120 rupees now
he save before=25%
now he save =120-82.5=37.5 rupees
saving %=31.25%
saving increasing %=6.25% answer
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