Multiple Choice Questions on A person saves 20 percent of his income If the income of that person increased by 16 percent and he ........... for Mathematics - All Exams Preparation

Back to Main Page

Multiple Choice Questions

A person saves 20 percent of his income If the income of that person increased by 16 percent and he ...........

Quant (SSC) Profit and loss
    Download Solution PDF

    A person saves 20 percent of his income. If the income of that person increased by 16 percent and he decided to save 25 percent, then find the percent increase in his saving as compared to previous one.

    40%

    Incorrect Answer

    45%

    Correct Answer

    50%

    Incorrect Answer

    55%

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Profit and loss
    Prepare through Micro-courses
    Try Now
    Explanation:

    Let initial income = 100 so his saving is rupees = 20.
    Now his income is 116 and he save = 116*25/100 = 29
    So % increase in saving = (9/20)*100 = 45%

    By: Amit Kumar
    ProfileResources

    Let's Discuss

    Master
    Profit and loss
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free