Question

Raamika Mandhana spends 87.5% of his salary on her makeup. If her salary in increased by 59% then her expenditure also increased by 67%. Find out the increase or decrease percentage of her savings ?
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Answer 1

Answer:

His Savings will increase by 3%, Please take a look at the below example:

Lets assume his previous income was Rs. 1000, of which he spends 87.5%, then

Income - Rs. 1,000

Expenditures - Rs. 875

Savings - Rs. 125 or 12.5%

His New income increased by 59% and Expenditures by 67%, so the situation is:

Income - Rs. 1,590 (1,000 + 59% increase)

Expenditures - Rs. 1,461.25 ( 875 + 67% increase)

Savings - Rs. 128.75 (1590–1461.25)

Difference between Previous and New savings is Rs. 3.75 (128.75–125) or 3% compared to previous savings of 125