![A person spends 87.5% of his income. His income increases by 59% and expenditure increases by 67%. Find his percentage increase or decrease in savings](https://www.gkseries.com/blog/wp-content/uploads/2024/04/A-person-spends-87.5-of-his-income.-His-income-increases-by-59-and-expenditure-increases-by-67.-Find-his-percentage-increase-or-decrease-in-savings.jpg)
A person spends 87.5% of his income. His income increases by 59% and expenditure increases by 67%. Find his percentage increase or decrease in savings.
(a) 12%
(b) 4%
(c) 3%
(d) 13%
Sol:
![](https://www.gkseries.com/blog/wp-content/uploads/2024/04/image-59-1024x612.png)
![](https://www.gkseries.com/blog/wp-content/uploads/2024/04/image-60-1024x232.png)
A person spends 87.5% of his income. His income increases by 59% and expenditure increases by 67%. Find his percentage increase or decrease in savings.
(a) 12%
(b) 4%
(c) 3%
(d) 13%
Sol:
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