Shankar used to spend 65% of his income. When is income was increased by 30% expenses also increased by 60% of his earlier expense. How much percentage of his earnings did he save?
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Answer:
Step-by-step explanation:
let the income be 100
expenditure=65
savings=35
income is increased by 30%
new income=130
expenses=65%0.6+65=104
savings=26
26/130=0.2*100=20%
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