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CLAT Sample Paper CLAT Sample Paper-2

  • question_answer
    A man spends 75% of his income. If his income is increased by 20% and he increased his expenditure by 10%. His savings percentage is increased by

    A)  25%           

    B)  50%

    C)  75%           

    D)  10%

    Correct Answer: B

    Solution :

    Let his income be Rs 100, Then, his expenditure = Rs 75 and saving          = Rs 25 New income = (100 + 20) = Rs 120 New Expenditure = 75 + 7.5) = Rs 82.50 New saving = Rs (120 - 82.50) = Rs 37.50 \[\therefore \] Percentage increase saving \[=\frac{12.5}{25}\times 100=50%\]


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