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Question
A man spends 80% of his income. With increase in the cost of living, his expenditure increases by $$37\frac{1}{2}$$% and his income increases by $$16\frac{2}{3}$$%. His present savings are :
Options:
A .  $$5\frac{3}{7}$$%
B .  $$5\frac{5}{7}$$%
C .  $$6\frac{1}{2}$$%
D .  $$6\frac{2}{3}$$%
Answer: Option B

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