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A man saves of his income. If his expenses are increased by , by what percent must his income be raised so that he can save of his new income?

  1. A
  2. B
  3. C
  4. D

Solution & Step-by-step Explanation

Let the initial income be .
* Initial Savings =
* Initial Expenses =

The expenses increase by :



Let the new income be . He wants to save of his new income, which means his expenses will be of his new income:







The income must increase from to .

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A man saves of his income. If his expenses are increased by , by what percent must his income be raised so that he can save of his new income?
A
B
C
D

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