Kalyan spends 80% of his income. His income increases by 15% and his expenditure also increases by 5%. What is the percentage increase in his savings?

Question

Kalyan spends 80% of his income. His income increases by 15% and his expenditure also increases by 5%. What is the percentage increase in his savings?

Options

A.

50%

B.

20%

C.

55%

D.

40%

incomeexpendituresavingspercentage increasessc 2024

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