Question

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

Answer 1

The total income of a man is $Rs576$ and he spends $Rs432$. Then the amount saved is,

$Rs576-Rs432=Rs144$.

The percentage that the man saved his income is,

$\frac{144}{576}\times 100=\frac{1}{4}\times 100$

$=25\%$