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Step-by-step explanation:
money he saves = 5000
percentage of money he saves = 5000/45000 * 100
5000/450
= 11.11% = 0.1111
therefore he saves 11.11% of his salary
money he pays as LIC premium = 4000
percentage of money he pays = 4000/45000 * 100
= 8.88% = 0.0888
therefore he pays 8.88 % of his salary to LIC premium
money he wants to save = 9000
percentage of money he wants to save = 9000/45000 * 100
= 20%
therefore he wants to save 20% of his salary
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