Question

ramesh spends 80% of his income per month and is able to save 2500 per month find his monthly income and yearly expenses
pls answer im in need​

Answer 1

Answer:

Let income of person = Rs. 100

Spent on different expenses = Rs. 60

Savings = Rs. 100 - Rs. 60 = Rs. 40

Now, income after increment of 20 % = 100+10020​×100=Rs.120

Expenses after increment of 10 % = 84 Rs.

New saving = 120-84= Rs. 36

Now, percentage of decrease in savings = (4040−36​)×100=10 %

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