Raman spends 80% of his income. If his income is increased by 25% and the expenditure increase by 10%, then what will be the percentage increase in his savings?

Question

YESPYQ · Accepted Answer

Correct answer: d) 85. Let, Income of Ram = Rs 100a According to the question, Expenditure = 80a Savings = 100a – 80a = 20a If income increased by 25% Then, New income = And expenditure is increased by 10% New expenditure = New savings = 125a – 88a = 37a Difference in savings = 37a – 20a = 17a Required Percentage = Hence, Option D is the correct answer.

Raman spends 80% of his income. If his income is increased by 25% and the expenditure increase by 10%, then what will be…

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