A man spends 70% of his income. If his income increases by 20%, then what will be his new expenditure?	Pick.
A) 58.3% B) 62.5% C) 63.5% D) 64.5% E) 65.5%
Let Rs 100 be the income   Expenditure=Rs70   Increased income=Rs120   Expenditure in amount is same.   So, expenditure % =70/120 *100=58.3%   58.3%NSWER:58.3%
<result>A</result>
A man spends 70% of his income. If his income increases by 20%, then what will be his new expenditure?