Peter saves 25% of his salary. when his salary increased his monthly expenditures increases by 20% while his saving remained the same as before. what is the percentage increase in his income ?
Answers
Answered by
19
Answer:
Saving=25x then expend=75x
Increase of 20% on expenditure i.e =20% of 75x=15x
So change in income = 15%
Step-by-step explanation:
Answered by
2
15 %
Step-by-step explanation:
Let the salary was 100 . Saving was 25 rupees and Expenditure was 75 rupees .
Next , it's expenditure was 75 × 120 /100 = 90 . When expenditure was 90 and savings was 25 then , salary was 90+25=115 .
And , percentage increase in Salary was 115 -100 = 15 % .
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