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The income of a person is Rs. 45000 and his expenditure is Rs. 33000. If his income is increased by 22% and expenditure in increased by 11%…

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The income of a person is Rs. 45000 and his expenditure is Rs. 33000. If his income is increased by 22% and expenditure in increased by 11%, then what will be the percentage increase in his savings?
  • A11
  • B45.75
  • C22.15
  • D52.25
Answer not set
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CCommunity
Initial income = Rs. 45000

Initial Expenditure = Rs. 33000

Savings = Rs. 45000 - Rs. 33000 = Rs. 12000

New Income = 45000 + 22% of 45000 = Rs. 54900

New Expenditure = 33000 + 11% of 33000 = Rs. 36630

New savings = 18270

∴ Percentage increase in savings = [(18270 - 12000)/12000] × 100 = 52.25%
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CCommunity
Initial income = Rs. 45000

Initial Expenditure = Rs. 33000

Savings = Rs. 45000 - Rs. 33000 = Rs. 12000

New Income = 45000 + 22% of 45000 = Rs. 54900

New Expenditure = 33000 + 11% of 33000 = Rs. 36630

New savings = 18270

∴ Percentage increase in savings = [(18270 - 12000)/12000] × 100 = 52.25%