Question: Arvind spends `75%` of his income. His income is increased by `20%` and he increased his expenditure by `10%`. His savings are increased by :
A
B
C
D
`10%`
B
`25%`
C
`37 1/2%`
D
`50%`
Note: Let income `= 100` Expenditure
`= 75 &` Savings
`= 25.`
New income
`= 120,` New expenditure
`= (110/100 xx 75)`
`= 165/2`
New savings
`= (120 - 165/2)`
`= 75/2.`
Increase in savings
`= (75/2 - 25)`
`= 25/2.`
Increase percent
`= (25/2 xx 1/25 xx 100)%`
`= 50%`