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Question

If a man spends 70% of his income, what percent does he save?

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Solution

Step: Finding the percentage of saving
Let, the total income of the man be Rs.100
If a man spends 70% of his income, then total expenses
=70100×100=Rs.70

Savings after his expenditure
= Income Expenditure
=10070=Rs.30

Hence, his savings in percent

=30100×100%

=30%

Hence, the man saved 30% of his total income.

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