A man spends 80% of his income and saves the rest. what percentage of his expenditure does he save ?a.40b.25c.20d.30
Question
A man spends 80% of his income and saves the rest. what percentage of his expenditure does he save ?a.40b.25c.20d.30
Solution
The man saves 20% of his income because he spends 80% of it. This means that his savings are not a percentage of his expenditure, but rather a percentage of his income. Therefore, none of the options (40%, 25%, 20%, 30%) are correct.
Similar Questions
A man spends 75% of his income. If his income increases by 20% and his expenditure increase by 10%, then find the percentage increase in his savings. Ops: A. 40% B. 20% C. 50% D. 10%
A spends 60% of his salary and saves the remaining. His salary is increased by 25% and he increased his expenditure by 20%. By what % does his saving increase?
A man spends 35% of his income on food, 25% on children's education, and 80% of the remaining on house rent. What percent of his income he is left with?a.8%b.12%c.10%d.6%
Raj always saves 65% of his salary. If his salary decreases by 40% , his savings will decrease by $390. How much is Raj's original salary?
A person can save 25% of his income. If his income increases by 20% and still he saves the same amount as before, the percentage increase in his expenditure is?Options26 2/𝟑%25%25 1/𝟑%24%
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.