Question

In 2018, Pritam used up 72% of his income for expenses.

Q: Answer-In 2018, Pritam used up 72% of his income for expenses. In the following year, his income rose by 20...

Let the income of Pritam in 2018 be Rs. 100b. Expenditure of Pritam in 2018 0.72 X 100b Rs. 72b Savings of Pritam in 2018 100b - 72b Rs. 28b Increased income of Pritam in 2019 1.2 X 100b Rs. 120b Increased expenditure of Pritam in 2019 1.25 X 72b Rs. 90b So, savings of Pritam in 2019 120b - 90b Rs. 30b Therefore, percentage increase in savings 30b - 28b 30b X 100 623

In the following year, his income rose by 20%, while his expenditure increased by 25%. What was the percentage change in his savings from the previous year?

A 3(1/3)%

B 6(2/3)%

C 8(1/3)%

D 9(1/11)%

E None of these

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In 2018, Pritam used up 72% of his income for expenses.

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