Kailash spends 75% of his income his expenditure is increased by 10% and income by 20% how much would his saving increase in percentage
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Answered by
0
Let income =X
Expenditure = X×75/100= 3X/4
Savings = X/4
Now______________________
income = X +X×20/100 =6X/5
Expenditure=3X/4 ×110/100=33X/40
Savings =15X/40
Increase in savings = 15X/40-X/4
===========5X/40
%%% =( 5X/40)/ X/4 ×100
=====50%
answer - 50%
Expenditure = X×75/100= 3X/4
Savings = X/4
Now______________________
income = X +X×20/100 =6X/5
Expenditure=3X/4 ×110/100=33X/40
Savings =15X/40
Increase in savings = 15X/40-X/4
===========5X/40
%%% =( 5X/40)/ X/4 ×100
=====50%
answer - 50%
Answered by
1
Answer:
50 %
Step-by-step explanation:
Let his original income be x
We are given that Kailash spends 75% of his income
Expenditure =
Savings = x-0.75x = 0.25x
Now income is increased by 20 %
So, new income =
expenditure is increased by 10%
So, new expenditure =
New saving = New income - New expenditure = 1.2x - 0.825x = 0.375x
So, increase in income = 0.375x-0.25x = 0.125 x
Increase percentage =
Hence his saving increase in percentage is 50 %
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