Practicing Success
Anu spends 68% of her monthly income. If her monthly income increases by 20% and her monthly savings increase by $9\frac{3}{8}$%, then the percentage increase in her monthly expenditure is: |
20% 25% 22% 32% |
25% |
68% = \(\frac{17}{25}\) , 20% = \(\frac{1}{5}\) & 9\(\frac{3}{8}\)% = \(\frac{3}{32}\) Let the income = 100x New expenditure = 120x - 35x = 85x Percentage increased expenditure = \(\frac{17x}{68x}\) × 100 = 25% |