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Suman saves 33 (1)/(3)% of her income. ...

Suman saves `33 (1)/(3)%` of her income. If her income increases by x% and expenditure increases by 10%, then her savings increase by 22%. What is the value of x ?

A

10

B

14

C

15

D

12

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break it down clearly: ### Step 1: Understand the Savings Percentage Suman saves \(33 \frac{1}{3}\%\) of her income. This can be converted to a fraction: \[ 33 \frac{1}{3}\% = \frac{100}{3}\% \] This means that if her income is \(I\), her savings \(S\) can be expressed as: \[ S = \frac{100}{3} \times \frac{I}{100} = \frac{I}{3} \] ### Step 2: Determine Expenditure If Suman saves \(\frac{I}{3}\), then her expenditure \(E\) can be calculated as: \[ E = I - S = I - \frac{I}{3} = \frac{2I}{3} \] ### Step 3: Calculate New Income and Expenditure If her income increases by \(x\%\), the new income \(I'\) will be: \[ I' = I + \frac{x}{100} \times I = I \left(1 + \frac{x}{100}\right) \] Her expenditure increases by \(10\%\), so the new expenditure \(E'\) will be: \[ E' = E + 10\% \text{ of } E = E + 0.1E = 1.1E = 1.1 \times \frac{2I}{3} = \frac{2.2I}{3} \] ### Step 4: Calculate New Savings The new savings \(S'\) will be: \[ S' = I' - E' = I \left(1 + \frac{x}{100}\right) - \frac{2.2I}{3} \] Simplifying this: \[ S' = I \left(1 + \frac{x}{100}\right) - \frac{2.2I}{3} = I \left(1 + \frac{x}{100} - \frac{2.2}{3}\right) \] ### Step 5: Savings Increase According to the problem, her savings increase by \(22\%\): \[ S' = S + 22\% \text{ of } S = \frac{I}{3} + 0.22 \times \frac{I}{3} = \frac{I}{3} \left(1 + 0.22\right) = \frac{I}{3} \times 1.22 \] ### Step 6: Set Up the Equation Now we set the two expressions for \(S'\) equal to each other: \[ I \left(1 + \frac{x}{100} - \frac{2.2}{3}\right) = \frac{I}{3} \times 1.22 \] Dividing both sides by \(I\) (assuming \(I \neq 0\)): \[ 1 + \frac{x}{100} - \frac{2.2}{3} = \frac{1.22}{3} \] ### Step 7: Solve for \(x\) Now, we need to solve for \(x\): 1. First, simplify the left side: \[ 1 - \frac{2.2}{3} = \frac{3}{3} - \frac{2.2}{3} = \frac{0.8}{3} \] So, we have: \[ \frac{0.8}{3} + \frac{x}{100} = \frac{1.22}{3} \] 2. Rearranging gives: \[ \frac{x}{100} = \frac{1.22}{3} - \frac{0.8}{3} = \frac{1.22 - 0.8}{3} = \frac{0.42}{3} \] 3. Multiply both sides by \(100\): \[ x = \frac{0.42 \times 100}{3} = 14 \] ### Final Answer Thus, the value of \(x\) is: \[ \boxed{14} \]
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