A man’s salary has increased by 30%. However, during the period, the income tax rate also increased from 10% to 25%. Find the net % change in the expenditure income of the salaried man?
1
7.5%
2
8.33%
3
8.57%
4
8.75%
A man’s salary has increased by 30%. However, during the period, the income tax rate also increased from 10% to 25%. Find the net % change in the expenditure income of the salaried man?