Q. A man spends 80% of his income. If his income increases by 25% and his expenditure remains the same, what percentage of his new income does he save?
β
Correct Answer: (C)
36%
Explanation: Assume income = βΉ100. Expenditure = βΉ80. New income = βΉ125. Savings = βΉ45. Savings percentage = (45/125) × 100 = 36%.
Explanation by: Mr. Dubey
Assume income = βΉ100. Expenditure = βΉ80. New income = βΉ125. Savings = βΉ45. Savings percentage = (45/125) × 100 = 36%.