Practicing Success
The monthly income of Ramesh was Rs.16,500 and his monthly expenditure was Rs.10,500. Next year his income increased by 25% and his expenditure increased by 19%. Find the percentage increase in his saving. |
33.5% 34.5% 32.5% 35.5% |
35.5% |
Given , Income = 16500 , Expenditure = 10500 Saving = Income - Expenditure = 16500 - 10500 = 6000 Saving % = \(\frac{6000}{16500}\) × 100 = 36.36% New Income = 16500 + 25% of 16500 = 20625 New Expenditure = 10500 + 19% of 10500 = 12495 New saving = 20625 - 12495 = 8130 Percentage increase in saving = \(\frac{8130 - 6000}{6000}\)× 100 = 35.5% |