Correct option is A
Given
Initial Income = ₹83,000
Initial Savings = 16% of Income
Income increase = 22%
Expenditure increase = 25%
Formula Used
Income = Expenditure + Savings
Savings = Income - Expenditure
Solution
Initial Savings = 16% of 83000 =
Initial Expenditure = 83000 - 13280 = 69720
New Income = 83000 ×
New Expenditure =
New Savings = 101260 - 87150 = 14110
Change in Savings = New Savings - Initial Savings
Change = 14110 - 13280 = 830 (Increase)
Final Answer
So the correct answer is (a)