Question : A person can save 25% of his income. If his income increases by 20% and still he saves the same amount as before, the percentage increase in his expenditure is _____.
Option 1: $26 \frac{2}{3}$
Option 2: $24$
Option 3: $25 \frac{1}{3}$
Option 4: $25$
Correct Answer: $26 \frac{2}{3}$
Solution : Let the income of the person be 100 Savings of the person = $100 × \frac{25}{100}$ = 25 Expenditure of the person = 100 – 25 = 75 The new income of the person = $100 × \frac{120}{100}$ = 120 New expenditure of the person = 120 – 25 = 95 Expenditure increased by = $\frac{95 – 75}{75} × 100$ = $26\frac23$% Hence, the correct answer is $26\frac23$.
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Question : The ratio of expenditure and savings of a person is 5 : 3. If the income increases by 20% and the expenditure increases by 10%, then the person's savings increase by:
Option 1: $36 \frac{2}{3}$%
Option 2: $3 \frac{1}{3}$%
Option 3: $13 \frac{2}{3}$%
Option 4: $30 \frac{1}{3}$%
Question : A man spends $\frac{2}{3} $rd of his income. If his income increases by 14% and the expenditure increases by 20%, then the percentage increase in his savings will be?
Option 1: 6%
Option 2: 2%
Option 3: 4%
Option 4: 1%
Question : A man spends 75% of his income. If his income increases by 28% and his expenditure increases by 20%, then what is the increase or decrease percentage in his savings?
Option 1: 52% decrease
Option 2: 52% increase
Option 3: 13% decrease
Option 4: 13% increase
Question : A man spends 65% of his income. His income increases by 20% and his expenditure also increases by 10%. The percentage of increase in his savings is ________.
Option 1: 38.5%
Option 2: 35.8%
Option 3: 10%
Option 4: 20%
Question : The monthly income of an employee was INR 26,500 and his monthly expenditure was INR 22,000. Next year his income increased by 20% and his expenditure increased by 15%. Find the percentage increase in his savings.
Option 1: $44 \frac{7}{9} \%$
Option 2: $44 \frac{8}{9} \%$
Option 3: $44 \frac{5}{9} \%$
Option 4: $44 \frac{4}{9} \%$
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