A family's monthly savings are 20% of its total monthly income. The monthly expenditure on food is increased from 20% to 30% of the total monthly income and its total monthly income as well as its savings remain unchanged. The expenditure on food forms what percent of its savings?
Answer (1)
Let us assume monthly income is 100.
Then monthly savings is 20.
And expenditure on food is 20.
Now expenditure on food became 30. Now we are given that the total monthly income as well as savings are not changed .
So the savings remains 20.
Hence the expenditure on food is (30/20*100=)150% of the savings.
Then monthly savings is 20.
And expenditure on food is 20.
Now expenditure on food became 30. Now we are given that the total monthly income as well as savings are not changed .
So the savings remains 20.
Hence the expenditure on food is (30/20*100=)150% of the savings.
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