Mr Dutt earns 5500 per month. He spends 85%
of the amount and saves the rest. On 1 January
his salary was increased by 10%. Consequently,
he increased his expenses to 87% of his salary.
How much less or more does he save now?
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Previous savings= 15 pcent of 5500=825
Now 13 pcent of 6050(as salary that was 5500 now increased by 10 pcent that is 550 so new salary=6050)=786.5
So he saves 38.5(825-786.5) less
Now 13 pcent of 6050(as salary that was 5500 now increased by 10 pcent that is 550 so new salary=6050)=786.5
So he saves 38.5(825-786.5) less
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