Harsh spends 60 of his income His income is increased by 30 and he increased his expenditure b...........

Quantitative Aptitude (CDS) Percentage

Harsh spends 60% of his income. His income is increased by 30% and he increased his expenditure by 10%. What is the percentage increase or decrease in his savings?

60% decrease

65% increase

50% increase

55% decrease

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Explanation:

Let original income=Rs. 100.
Then, expenditure =Rs. 60 and saving = Rs. 40
New income =Rs. 130, New expenditure = Rs.(110/100)60 = Rs. 66
New savings = Rs. (130 - 66) = Rs. 64
Increase in savings = Rs. (66-40) = Rs. 26
Increase % = (26/40)100 = 65%