Q. The income of a person increases by 25% while his expenditure increases by 20%. If he initially saved ₹2,000 out of an income of ₹10,000, his new savings are:
✅ Correct Answer: (B)
₹2,900
Explanation: New income = ₹12,500. Initial expenditure = ₹8,000. New expenditure = ₹9,600. Savings = ₹12,500 − ₹9,600 = ₹2,900. (Correct answer: b)
Explanation by: Mr. Dubey
New income = ₹12,500. Initial expenditure = ₹8,000. New expenditure = ₹9,600. Savings = ₹12,500 − ₹9,600 = ₹2,900. (Correct answer: b)