Question

Monika spends 72% of her income. If her income

increases by 20% and savings increase by 15%, then

her expenditure increases by: (correct to 1 decimal

place)​

Answer 1

Answer:

21.9%

Step-by-step explanation:

lets say her income is 100

she spends 72rupees

her savings are 28 rupees

now her income increased by 20% i.e., 1.2(100)= 120

she spends 15% more than earlier i.e, 1.15(28) = 32.2

her expenses is 87.8

increase in expenses it (87.8-72)/72*100= 21.9%