If E's income saw an increase of 10% in 2012 and if his expenses remained same, what is the percentage change in his savings as a percentage of his incomes for the two years?

18.18%

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27.27%

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9.1%

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11.11%

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Solution

The correct option is C
9.1%

E's income in 2011 = 200
Savings as a percentage of income in 2011= 10%
E's income in 2012 = 220
Savings as a percentage of income in 2012 = $(\frac{40}{220})$ $\times$ 100=18.18%
So percentage change = 81.8%

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If E's income saw an increase of 10% in 2012 and if his expenses remained same, what is the percentage change in his savings as a percentage of his incomes for the two years?

The correct option is C 9.1%E's income in 2011 = 200 Savings as a percentage of income in 2011= 10% E's income in 2012 = 220 Savings as a percentage of income in 2012 = (40220) × 100=18.18% So percentage change = 81.8%

The correct option is C
9.1%

E's income in 2011 = 200
Savings as a percentage of income in 2011= 10%
E's income in 2012 = 220
Savings as a percentage of income in 2012 = $(\frac{40}{220})$ $\times$ 100=18.18%
So percentage change = 81.8%