1
Q:
A) 10% | B) 15% |
C) 20% | D) 25% |
Answer: C) 20%
Explanation:
Explanation:
A man's average monthly expenditure for the first four months of the year = Rs.231.25.
For four month = 231.25 * 4 = Rs. 925
For next five month he spend = 231.25 + 22.75 for one month.
In five month he spend = (231.25 + 22.75) X 5 = 1270
If the person spent Rs. 605 in all during the remaining three months of the year,
Total expense = 925+1270+605= 2800
Saving = 3500-2800 = 700
% saving = 700/3500 * 100 = 20%