Question 37
HardOriginal questionPriya spends 80% of her income and saves the rest. Her income then rises by 25% and her spending rises by 15%. By what percentage do her savings rise?
Show the answer and explanation
CorrectNot quiteAnswer D
Correct answer: D
Explanation
Let the old income be 100: spending 80, savings 20.
New income = 125; new spending = .
New savings = , a rise of 13.
Percentage rise = .
Worth noting
Savings are a difference, so their percentage change is not . Taking 100 as the income makes every figure easy.
- Concept
- Percentage change in savings when income and spending change
- Typical timeTypical
- 110 s
- Your timeYours
- —
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