Ramesh spends 65% of his salary and saves the rest. His salary increases by 20% and his expenditure increases by 10%. By approximately what percent do his savings increase?
A. 38.57%
B. 30%
C. 35.71%
D. 41.25%
A. 38.57%
B. 30%
C. 35.71%
D. 41.25%
Best answer
Answer: A. 38.57%
Answer: (A) 38.57%
Take salary 100: expenditure 65, savings 35. New salary 120, new expenditure 71.5, new savings 48.5. Increase = 13.5/35 × 100 ≈ 38.57%.
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