Hi,
To find the percentage increase in Raj's savings after his income and expenditure increase, we need to follow these steps:
Initial Income and Expenditure :
Initial Savings :
Increased Income and Expenditure :
New Savings :
Percentage Increase in Savings :
So, the percentage increase in Raj's savings is 42% .
Hope it helps!
Question : Raj's income is Rs. 45,000 and his expenditure is Rs. 33,000. If his income is increased by 20% and expenditure by 12%, then what will be the percentage increase in savings?
Option 1: 48%
Option 2: 56%
Option 3: 36%
Option 4: 42%
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
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