1.

The monthly salary of a person was Rs. 50,000. He used to spend on three heads- personal and family expenses (E), taxes (T), philanthropy (P), and rest were his savings. E was 50% of the income, T was 20% of E and P was 15% of T. When his salary got raised by 40%, he maintained the percentage level of E, but T became 30% of E and P became 20% of T. By what percentage is the new savings more or less than the earlier savings? (correct up to one decimal place)

A. 8.2% less
B. 16.4% less
C. 8.2% more
D. 16.4% more
Answer» E.


Discussion

No Comment Found