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The monthly income of a person was Rs.80,000 and his monthly expenditure was Rs. 45,000. Next year, his income increased by 16% and his expenditure in
Question

The monthly income of a person was Rs.80,000 and his monthly expenditure was Rs. 45,000. Next year, his income increased by 16% and his expenditure increased by 8%. Find the percentage increase in his savings (correct to 2 decimal places).

A.

26.29%

B.

25.35%

C.

44.36%

D.

30.25%

Correct option is A

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