Rao spends 85% of his income. If his income increases by 25% and his expenditure by 20%, his savings will increase by __________ (to two decimal place
Question
Rao spends 85% of his income. If his income increases by 25% and his expenditure by 20%, his savings will increase by __________ (to two decimal places).
A.
45.64%
B.
51.74%
C.
48.62%
D.
53.33%
Correct option is D
53.33%
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