Question

Suresh's income is 40,000 per month. His income got increase by 8%. Simultaneously his expenditure is incresed by 12% and his savings is decresed by 4% .His initial savings?

Answer 1

increase by 8% his income = 108/100× 40000= 43200
increase by 12% = 43200×12/100
= 5184
decreased by 4%= 43200×4/100
= 1728
initial savings= 43200-(5184+1728)
= 43200-6912
= 36288