2021 · Q86
Rajesh saves 5% of his income; after 4 years his income is increased by 25% but his savings remain the same. Then find the approximate percentage increase in his expenditure.
Elementary MathematicsPercentages
- A50%
- B22%
- C41%
- D26%
Explanation
Take income 100: saving = 5, expenditure = 95. New income = 125 with saving still 5, so new expenditure = 120. The increase is 25/95 = 26.3% ≈ 26%. Hence option D.