A man spends 80% of his income. With an increase in the cost of living, his expenditure increase in the cost of living, his expenditure increase by 37% and his income increase by 16. His present percent savings are 


(a) 
5% 
(b) 
5% 
(c) 
6% 
(d) 
6% 
A man spends 80% of his income. With an increase in the cost of living, his expenditure increase in the cost of living, his expenditure increase by 37% and his income increase by 16. His present percent savings are 


(a) 
5% 
(b) 
5% 
(c) 
6% 
(d) 
6% 
Let the original income = Rs. 100. The, saving = Rs. 20. Expenditure = Rs.80.
New income = Rs. 116 Rs.
New expenditure = 137% of Rs. 80 = Rs. 110.
New saving = Rs. Rs.
Req. percentage = 5 .