Abdul’s salary is Rs. 1,50,000 per month. He spends 10% of his salary on paying the school fees. He got an increment of 3% in his salary in the month of July, but the school fee was hiked by 5% the same month. What will be the net change in his saving in the month of July if the other expenditures are the same?
1
Decrease of Rs. 3,750
2
Decrease of Rs .2,750
3
Increase of Rs. 3,750
4
Increase of Rs. 2,750