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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

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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.

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