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SSC MTS 2022 · PYQ · Percentage · medium

A saves 18% of his income. If his income increases by 41% and still saves the same amount. Find the percentage increase in his expenditure.

Answer

The correct answer is B: 50%. Let income = x; saving = 0.18x; expenditure = 0.82x. New income = 1.41x; saving remains 0.18x; new expenditure = 1.23x.

  1. A.60%
  2. B.50%✓ Correct
  3. C.35%
  4. D.40%

Explanation

Let income = x; saving = 0.18x; expenditure = 0.82x. New income = 1.41x; saving remains 0.18x; new expenditure = 1.23x. Percentage increase = (1.23–0.82)/0.82 × 100 = 50%.
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