Question 144

The table shows Income and expenditure of a person for 3 years (in thousands):

In the given table, if a person reduced his expenditure by 10%, by how much would his total savings increased?

Solution

$$Total income=110+223+243+189=765$$

$$Total expense=746.$$

if expense reduced by 10 percent,then

expenditure become $$= 746\times 0.90$$

$$=671.4.$$

So, Savings becomes$$=765-671.4=93.6$$

Previous savings was

$$=7+9+46-43=19.$$

so, Savings will increased by

$$=93.6-19=74.6$$.

Option C is correct.

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