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 A man spends 60% of his income. His income is increased by 20% and his expenditure also increases by 10%. Find the percentage decrease in his saving?
  • a)
    10%
  • b)
    15%
  • c)
    20%
  • d)
    25%
  • e)
    None of these
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
A man spends 60% of his income. His income is increased by 20% and his...
Answer – a) 10% Explanation : Let initially income is 100. So, expenditure = 60 and saving = 40 now income is increased by 20% i.e. 120. So, expenditure = (70/100)*120 = 84 and saving = 36 so % percent decrease in saving = (4/40)*100 = 10%
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Community Answer
A man spends 60% of his income. His income is increased by 20% and his...
100=60+40
20%  10%
120=66+54
saving= 14/40 �100
                =35% ans.
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