Question

Mohan spends 40 % of his income on rent, 20 % on food, 10 % on entertainment and saves the rest. Find his savings as a percentage of his expenditure.

Answer 1

Answer:

30percentage on savings

Answer 2

Answer:

Given that -

Mohan spends - 40% on rent, 20% on food and 10 on entertainment.

so total expenditure is equal to 70%

and savings is equal to 30%

savings as a percentage of his expenditure can be written as = Savings/ Expenditure

i.e.

30/70 =0.4285 = 42.85%