A man saves 20% of his monthly income. If his monthly expenditure increases by 25% and his income increases by 30%, his savings increase by what percent? MCQ with Answer and Explanation
A man saves 20% of his monthly income. If his monthly expenditure increases by 25% and his income increases by 30%, his savings increase by what percent?
A. 55%
B. 50%
C. 40%
D. 45%
Answer: Option B
Solution (By JKSSB Mock Tests)
Let income=100, exp=80, sav=20. New inc=130, new exp=80×1.25=100, sav=30. Increase = 10, % = (10/20)×100 = 50%.
In an election between two candidates, the winning candidate got 60% of the valid votes and won by a majority of 2,400 votes. What was the total number of valid votes?
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