The monthly income and monthly expenditure of | vedclass

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(C) Initial monthly income $= ₹ 13500$Initial monthly expenditure $= ₹ 9000$Initial savings $= 13500 - 9000 = ₹ 4500$New monthly income $= 13500 	ime

Vedclass · Accepted Answer

$28$

Vedclass · Answer

(C) Initial monthly income $= ₹ 13500$Initial monthly expenditure $= ₹ 9000$Initial savings $= 13500 - 9000 = ₹ 4500$New monthly income $= 13500 	imes (1 + \frac{14}{100}) = 13500 	imes 1.14 = ₹ 15390$New monthly expenditure $= 9000 	imes (1 + \frac{7}{100}) = 9000 	imes 1.07 = ₹ 9630$New savings $= 15390 - 9630 = ₹ 5760$Increase in savings $= 5760 - 4500 = ₹ 1260$Percentage increase in savings $= (\frac{1260}{4500}) 	imes 100 = \frac{126}{450} 	imes 100 = 28 \%$

The monthly income and monthly expenditure of a person were $₹ 13500$ and $₹ 9000$ respectively. In the next year,his income increased by $14 \%$ while his expenditure increased by $7 \%$. The percentage increase in his savings is: (in $\%$)

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