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Question

A person could save 10% of his income. But 2 years later, when his income increased by 20%, he could save the same amount only as before. By how percentage has his expenditure increased?


A

2229%

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B

2313%

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C

2429%

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D

2529%

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E

None of these

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Solution

The correct option is A

2229%


Let income be Rs 100
Expenditure amount =100×90100=Rs 90
Now, income increased by 20% =100×120100=Rs 120
Expenditure amount = (120 - 10)= Rs 110
Increase in expenditure = 110 - 90 = Rs 20
Increase in % of expenditure =2090×100
=2009=2229%


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