The monthly salary of a person was Rs. 50,000. He used to spend on three heads- personal and family expenses (E), taxes (T). philanthropy (P), and rest
were his savings. E was 50% of
the income, T was 20% of E and
Pwas 15% of T. When his sala-
ry got raised by 40%, he main-
tained the percentage level of E,
but T became 30% of E and P
became 20% of T. By what per-
centage is the new savings more
or less than the earlier savings?
(correct up to one decimal place)
Answers
The monthly salary of a person was Rs. 50,000.
E was 50% of the income ⇒ E =
T was 20% of E so T =
and P was 15% of T. ⇒ P =
Savings = Salary – ( E + T + P ) = 50000 – ( 25000 + 5000 + 750 )
= 19250
now ;
When his salary got raised by 40%,
He maintained the percentage level of E.
⇒ E = 50% of income
⇒
but T became 30% of E
⇒ T =
and P became 20% of T.
⇒ P =
New Savings = 70000 – ( 35000 + 10500 + 2100 )
= 22400
Percentage =
= [(22400-19250)/19250]×100
= 16.4%
Related Questions
The following pie-chart and table show the percentage distribution ofThe following pie-chart and table show the percentage distribution of
A, B and C enter into a partnership with capitals in the ratio After 8A, B and C enter into a partnership with capitals in the ratio After 8
(320 + 342 + 530 + 915) ÷ (20 + 22 – x + 18) = 43, then the value of x(320 + 342 + 530 + 915) ÷ (20 + 22 – x + 18) = 43, then the value of x
Out of the two bar graphs provided below, one shows the amounts (Rs. iOut of the two bar graphs provided below, one shows the amounts (Rs. i