A person could save 10% of his income. But 2 years hence, when his income increased by 20%, he could save the same amount only as before. By how much % has his expenditure increased?
a)
22
%
b)
23
%
c)
24
%
d)
25
%
A person could save 10% of his income. But 2 years hence, when his income increased by 20%, he could save the same amount only as before. By how much % has his expenditure increased?
a)
22%
b)
23%
c)
24%
d)
25%
Question ID - 56534 | SaraNextGen Top Answer
A person could save 10% of his income. But 2 years hence, when his income increased by 20%, he could save the same amount only as before. By how much % has his expenditure increased?
a)
22%
b)
23%
c)
24%
d)
25%
|
A person could save 10% of his income. But 2 years hence, when his income increased by 20%, he could save the same amount only as before. By how much % has his expenditure increased? |
|||||||
|
a) |
22 |
b) |
23 |
c) |
24 |
d) |
25 |
1 Answer
127 votes
Answer Key / Explanation : (a) -
Let the original income be 
Savings = 10% of 
∴ Expenditure = 
Now, 2 years hence salary (increased by 20%)=
∴ Savings (after increase) is same as before =
Now, new expenditure=
∴ % increase in expenditure = 
=
127 votes
Answer Link
127