The ratio between Mira’s expenditure and savings are 3:2. After her promotion, her income increases by 10% but her expenditure also increases by 12%. By what percentage does her savings increase?
7
We get two values of x, 7 and 13. But to get a viable answer, we must keep in mind that the central value (10) must lie between x and 12. Thus the value of x should be 7 and not 13.
∴Required % increase in savings=7%