A man spends 75% of his income.If his income increases by 20%,then what will be his new expenditure? Choose the correct choice:
A) 61.5% B) 62.5% C) 63.5% D) 64.5% E) 65.5%
Let Rs 100 be the income   Expenditure=Rs75   Increased income=Rs120   Expenditure in amount is same.   So, expenditure % =75/120 *100= 
<gadget id="calculator">75/120 *100</gadget>
<output>125/2 = around 62.5</output>
62.5%   ANSWER:62.5%
<result>B</result>
A man spends 75% of his income.If his income increases by 20%,then what will be his new expenditure?