Ratan spend 70% of his income his income increased by 25% and also his expenditure increased by 25% find the percentage increased in his savings
Answers
Answer:
25%
Explanation:
(Assuming the original income of Ratan's to be Rs 100).
70% of rs 100 is spent and he has saved rs 30(100-70).
Now, the income is increased by 25% which increases the original income from rs 100 to rs 125 (rs 100+25%).
An increase in expense by 25% increases the original expense from rs 70 to rs 87.5 (rs70+25%).
Now your new savings is rs 37.5 rs.
% increase in savings is 25% (change in savings÷original savings)×100
Here the change in savings is rs 7.5(37.5-30). Original savings is rs 30.
Answer:
Let his income be Rs.100 Expenditure = Rs. 70
Now Income is increased by 25%
New income = 125 expenditure is increased by 25% =
(70+7×2.5)= 87.5 Rs.
Present Savings = 125 - 87.50 = 37.50
Earlier savings = 100 - 70 = 30
Increase in savings = [{(37.5-30)/30}×100]% = {(7.5/30)×100}%= 25%
Explanation:
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ARITRA CHATTERJEE.
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