Mira's expenditure and sayings are in the ratio 3: 2. her income increases by 10 percent. her expenditure also increases by 12 percent. by how much per cent does her saving increase?
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Answered by
17
"Let th4e total money be Rs.100.
So, the expenditure = Rs.60 and savings = Rs.40(Rs.100 in the ratio of 3:2)
Now, the income increases by 10%.
So, the new income = Rs.110.
Expenditure is increased by 12%
So, the new expenditure = Rs.67.2
And, the new savings =Rs. 110 - 67.2 = Rs.42.8
Increase in savings= Rs. 42.8-40= Rs. Rs. 2.840.
Therefore, Percentage increase in savings = 2.840/40x100= 7%
So, the % increase in Savings = 7%."
Answered by
1
Answer:
7% (or) 0.07
Step-by-step explanation:
Let Mira's expenditure and savings be 3x and 2x respectively.
Then her income =5x
Increased income = 100
110×5x=5.5x
Increased expenditure = 100
112 ×3x=3.36x
∴ Increased savings = 5.5x−3.36x=2.14x
∴ % increase in savings =( 2x 2.14x−2x ×100)%=( 2x 0.14x×100)%=7%
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