Percentages · Question 26 · Medium
Rahul saves 25% of his income. His income rises by 20% and his expenditure rises by 10%. By what percentage do his savings increase?
- 10%
- 50%
- 30%
- 40%
Answer and explanation
Answer: B. 50%
Explanation: Take income 100, expenditure 75, savings 25. New income 120, new expenditure 82.5, new savings 37.5. Increase = 12.5/25 × 100 = 50%.
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