A man spends 80% of his income. With increase in the cost of living, his expenditure increases by $$37\frac{1}{2}$$% and his income increases by $$16\frac{2}{3}$$%. His present savings are :

A man spends 80% of his income. With increase in the cost of living, h

1.	A man spends 80% of his income. With increase in the cost of living, his expenditure increases by $$37\frac{1}{2}$$% and his income increases by $$16\frac{2}{3}$$%. His present savings are :
A.	$5\frac{3}{7}$$%
B.	$5\frac{5}{7}$$%
C.	$6\frac{1}{2}$$%
D.	$6\frac{2}{3}$$%
Answer» C. $6\frac{1}{2}$$%

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A man spends 80% of his income. With increase in the cost of living, his expenditure increases by $$37\frac{1}{2}$$% and his income increases by $$16\frac{2}{3}$$%. His present savings are :

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