A man spends 75% of his income, if his income increases by 28% and his expenditure increases by 20%, then what is the increase or decrease percentage in his savings?
A. 52% increase
B. 13% decrease
C. 13% increase
D. 52% decrease
Answer: Option A
Solution(By Examveda Team)
\[\begin{array}{l} 75 \to \frac{3}{4}\\ \begin{array}{*{20}{c}} {{\rm{Income}}}&{}&{{\rm{Expenditure}}}&{{\rm{Saving}}}\\ {400}&{}&{300}&{100}\\ {\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, \downarrow + 28\% }&{}&{\,\,\,\,\,\,\,\,\,\,\,\,\, \downarrow + 20\% }& \downarrow \\ {112}& - &{60}&{ = 52\% } \end{array}\\ {\rm{Saving}} = 52\% \end{array}\]Related Questions on Percentage
A. $$\frac{1}{4}$$
B. $$\frac{1}{3}$$
C. $$\frac{1}{2}$$
D. $$\frac{2}{3}$$
Join The Discussion