Lucky spends 85% of her income. If her expenditure increases by x %, savings increase by 60% and income increases by 26%, then what is the value of x ?
Explanation:
Let the income of Lucky = 100L
Lucky spends 85% of her income.
Expenditure of Lucky = 85100 × 100L = 85L
Savings of Lucky = 100L - 85L = 15L
According to the problem,
[100L + 26100 × 100L] = [15L + 60100 × 15L] + [85L + x100 × 85L] 126L = 24L + 85L + x100 × 85L 126L = 109L + x100 × 85L 17L = x100 × 85L x = 20
Hence, the correct answer is Option C