A's monthly salary was ₹40000 and he used to save ₹10000 per month. His salary increased by 25% and expenditure increased by 15%. By what percent his savings increased? |
40% 50% 55% 60% |
55% |
A's monthly salary = ₹40000 saving per month = ₹10000 Expenditure = 30000 Salary increased by 25% = 1.25*40000 = 50000 expenditure increased by 15% = 1.15*30000 = 34500 Savings = 50000-34500 = 15500 Increase in savings = 15500-10000 = 5500 % Increase = 5500*100/10000 = 55% The correct answer is Option (3) → 55% |