Question

Sahil spends 75% of his pocket money and saves the rest. His pocket money is increased by 25% and he increases his expenditure by 20%, then the increase in saving in percent is:

• A. 15%
• B. 20%
• C. 40%
• D. 10%

Answer 1

Answer:

C. 40%

Let the income of Sahil be 100 Initial → Income : expenditure : saving 100 : 75 : 25 Finally, Income = 100 × 125% = 125 Expenditure = 75 × 120% = 90 saving will be 125 – 90 = 35 increase in saving = [(35-25)/25]*100=40%