Correct option is A
Let the income be 100x.
Expenditure = 100x × 45/100 = 45x
Savings = 100x - 45x = 55x
New income = 100x × 115/100 = 115x
New saving = Old saving = 55x
New Expenditure = 115x - 55x = 60x
Expenditure increase% = (60x - 45x)/45x × 100
= 15x/45x × 100
= 100/3 = 33.33%