Rajesh saves 5% of his income after 4 years his income is increased by

1.	Rajesh saves 5% of his income after 4 years his income is increased by 25% but his savings remain the same. Then find the percentage increase in his expenditure. (Approx.)1. 12%2. 25%3. 29%4. 26%
Answer» Correct Answer - Option 4 : 26% Given: Rajesh saving = 5% Income increased = 25% Formula used Income = expenditure + saving Calculation Let income be 100x So, Saving = 100x × 5/100 = 5x Expenditure = 100x – 5x = 95x According to the question, New income = 100x × (125/100) = 125x ∵ Saving remains same So, Expenditure = 125x – 5x = 120x Change in expenditure = 120x – 95x = 25x Increase % = (25x/95x) × 100 = 26.31% ≈ 26% ∴ Increase in Expenditure is 26%

Rajesh saves 5% of his income after 4 years his income is increased by 25% but his savings remain the same. Then find the percentage increase in his expenditure. (Approx.)1. 12%2. 25%3. 29%4. 26%

Answer» Correct Answer - Option 4 : 26%

Given:

Rajesh saving = 5%

Income increased = 25%

Formula used

Income = expenditure + saving

Calculation

Let income be 100x

So, Saving = 100x × 5/100 = 5x

Expenditure = 100x – 5x = 95x

According to the question,

New income = 100x × (125/100) = 125x

∵ Saving remains same

So, Expenditure = 125x – 5x = 120x

Change in expenditure = 120x – 95x = 25x

Increase % = (25x/95x) × 100 = 26.31% ≈ 26%

∴ Increase in Expenditure is 26%

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Rajesh saves 5% of his income after 4 years his income is increased by 25% but his savings remain the same. Then find the percentage increase in his expenditure. (Approx.)1. 12%2. 25%3. 29%4. 26%

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