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Question

A man whose income is rs 576 a year spends rs 432 a year. What percentage of his income does he save?

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Solution

Yearly income of man = Rs 576Yearly expenditure of man = Rs 432Yearly savings = Rs576 - 432 = Rs 144Let x% of Rs 576 = Rs 144x100×576 = 144x = 14400576 = 25So, 25% of the income is saved by the man.

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