Correct option is D
Given:
Ratio of Income to Expenditure = 2 : 1
Increase in Income = 30%
Decrease in Expenditure = 10%
Initial Expenditure = ₹35,000
Formula Used:
Savings = Income - Expenditure
Solution:
Since the ratio of Income to Expenditure is 2 : 1, and the Expenditure is 35000:
Initial Income = 2 × 35000 = 70000
New Income after 30% increase:
= 70000 +
= 70000 + 21000 = 91000
New Expenditure after 10% decrease:
= 35000 -
= 35000 - 3500 = 31500
Final Savings = New Income - New Expenditure
= 91000 - 31500
= 59500
Final Answer
So the correct answer is (d)