1.

1). 48.6% increase2). 20% increase3). 33.33% decrease4). 12.5% decrease

Answer»

Let the income of the MAN be Rs. 100.

So, he spends Rs. 65 and saves Rs.35.

His income increased by 30%. Thus, his new income = 100 + (30/100) × 100 = Rs. 130

His increased expenditure = 65 + (20/100) × 65 = Rs. 78

New SAVINGS = 130 - 78 =Rs.52

% increase in the savings = [(new savings - OLD savings)/old savings] × 100 = [(52 - 35)/35] × 100 ≈ 48.6%

Hence, the savings increased by 48.6%.



Discussion

No Comment Found

Related InterviewSolutions