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Question

Mira's expenditure and savings are in the ratio 3:2. Her income increases by 10 %. Her expenditure also increases by 12 %. By how much % do her savings increases?

A
7 %
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B
9 %
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C
10%
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D
13 %
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Solution

The correct option is D 7 %
Let Mira's expenditure and savings be 3x and 2x respectively.
Then her income =5x
Increased income =110100×5x=5.5x
Increased expenditure =112100×3x=3.36x
Increased savings = 5.5x3.36x=2.14x
% increase in savings =(2.14x2x2x×100)%=(0.14x2x×100)%=7%

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