Monthly income of P is Rs.16000 and his monthly savings is Rs.10500. If his monthly income is decreased by 25% and monthly expenditure is decreased by 10% then find the approximate percentage decrease in his monthly savings.
Expenditure of P = Rs.(16000 – 10500) = Rs.5500 New Saving = (0.75 × 16000 - 0.9 × 5500) = 12000 - 4950 = Rs.7050 Decrease % in Saving = [(10500 - 7050)/7050] × 100 = 33%
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