a man saves 40% of income if his income is increased by 20%
expenses is increased by 10% then % increased in savings
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Answer Posted / rekha gaur
Answer= The saving % will remain the Same 40%
BECAUSE
Let the income = Rs 100
savings = 40%
therefore saving = Rs 40
Expenses = Rs 60
AFTER INCREMENT
Income will be = Rs 120
Increase in expenses = 10%
which means ( 10/100 )* 120 = Rs 12
Total expenses = 60+12 = Rs 72
Savings will be = 120-72 = Rs 48
Savings % will be = ( 48/120 )*100 = 40%
| Is This Answer Correct ? | 5 Yes | 1 No |
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