a man saves 40% of income if his income is increased by 20% expenses is increas

a man saves 40% of income if his income is increased by 20%
expenses is increased by 10% then % increased in savings

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a man saves 40% of income if his income is increased by 20% expenses is increased by 10% then % inc..

Answer / rekha gaur

Answer= The saving % will remain the Same 40%
BECAUSE
Let the income = Rs 100
savings = 40%
therefore saving = Rs 40
Expenses = Rs 60
AFTER INCREMENT
Income will be = Rs 120
Increase in expenses = 10%
which means ( 10/100 )* 120 = Rs 12
Total expenses = 60+12 = Rs 72
Savings will be = 120-72 = Rs 48
Savings % will be = ( 48/120 )*100 = 40%

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a man saves 40% of income if his income is increased by 20% expenses is increased by 10% then % inc..

Answer / guru murthy

Thank u miss rekha, sorry for my mistake

Is This Answer Correct ?

1 Yes

0 No

a man saves 40% of income if his income is increased by 20% expenses is increased by 10% then % inc..

Answer / guru murthy

Actually there is decrease in savings by 1.66%.
Because
Before:if man earns 100$
he saves 60$ = % of savings = 60%
His expense is 40$ = % of expense = 40%
After: if man income increased by 20% means, He earns 120$
if expense increased by 10% means, he spends 50$
he saves 70$
then the % of savings = (70*100)/120 = 58.33% or 58.33$
hence the % of expense = (50*100)/120 = 41.66% or 41.66$

Is This Answer Correct ?

2 Yes

2 No

a man saves 40% of income if his income is increased by 20% expenses is increased by 10% then % inc..

Answer / guru murthy

Thank u miss Rekha, sorry for my mistake

Is This Answer Correct ?

0 Yes

0 No

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