A man spends 50% of his income. His income rises by 50% and expenditure by 20%. Percentage increase in savings is: MCQ with Answer and Explanation

A man spends 50% of his income. His income rises by 50% and expenditure by 20%. Percentage increase in savings is:
A. 90%
B. 60%
C. 80%
D. 70%
Answer: Option C
Solution (By JKExamLibrary)
Let income = 100, exp = 50, sav = 50. New income = 150, exp = 60, sav = 90. Increase = 40 on 50 = 80%.

This question belongs to: Maths Percentage

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Percentage Questions

Question #1 Report Error
2% of 2% of 1000 is:
A. 4
B. 0.4
C. 0.004
D. 0.04

Correct Answer: Option B


Explanation:
2% of 1000 = 20, 2% of 20 = 0.4.

This question belongs to: Maths Percentage
Question #2 Report Error
Radius of a circle increased by 50%. Percentage increase in area:
A. 150%
B. 125%
C. 200%
D. 100%

Correct Answer: Option B


Explanation:
Area proportional to radius². New radius 1.5r, area 2.25 times, increase = 125%.

This question belongs to: Maths Percentage
Question #3 Report Error
The salary of a person was first increased by 20% and then decreased by 20%. If his original salary was Rs. 5000, what is his final salary?
A. Rs. 4800
B. Rs. 4600
C. Rs. 4900
D. Rs. 4920

Correct Answer: Option A


Explanation:
5000 × 1.2 × 0.8 = 5000 × 0.96 = 4800.

This question belongs to: Maths Percentage