Q. A man's expenditure is 75% of his income. If his income increases by 20% while expenditure remains unchanged, what percentage of his new income does he save?

  • (A) 30%
  • (B) 35%
  • (C) 37.5%
  • (D) 40%
βœ… Correct Answer: (C) 37.5%
Explanation: Assume income = β‚Ή100. Expenditure = β‚Ή75. New income = β‚Ή120. Savings = β‚Ή45. Savings percentage = (45/120) × 100 = 37.5%.
Explanation by: Mr. Dubey
Assume income = β‚Ή100. Expenditure = β‚Ή75. New income = β‚Ή120. Savings = β‚Ή45. Savings percentage = (45/120) × 100 = 37.5%.

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