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A man spends 72% of his income. If his i...

A man spends 72% of his income. If his income increased by 28% and his expenditure is increased by 25%, then what is the percentage increase or decrease in his savings (correct to one decimal place)?

A

26.9% decrease

B

38.4% increase

C

35.7% increase

D

26.3% decrease

Text Solution

Verified by Experts

The correct Answer is:
C
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