A person earns ₹16,000 per month and spends 80% of his income and saves the remaining amount. If his income increases by 20% and expenditure by 10%, f...

Question

A person earns ₹16,000 per month and spends 80% of his income and saves the remaining amount. If his income increases by 20% and expenditure by 10%, find the percentage of increase in his savings.

Options

A.

140%

B.

90%

C.

120%

D.

60%

incomeexpendituresavingspercentage increasessc 2024

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