Multiple choice

A person spends 65% of his total income . If his income is increased by 30% and his expenditure also increased by 20% . Find percentage change in his saving?

  1. 37.5%

  2. 48.6%

  3. 30%

  4. 52.4%

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let original income be 100. Expenditure = 65, savings = 35. After 30% increase: new income = 130. After 20% expenditure increase: new expenditure = 65×1.2 = 78. New savings = 130-78 = 52. Percentage change in savings = (52-35)/35 × 100 = 17/35 × 100 = 48.57% ≈ 48.6%. Option B is correct.