Question

mohan's income isRS 15500 per month.He saves 11% of its income. If his income increases by 10%, then he reduces his savings by 1%, how much does he save now?

Answer 1

Answer:

income = 15500

savings 11% = 11/100 x 15500 = 1705

income increased by 10% = 15500 + 10% of 15500 = 17050

new savings = 10% = 10% of 17050 = 1705