Peter could save 10% of his income. But two years later when his income is incre

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Peter could save 10% of his income. But two years later when his income is increased by 20%, he could save the same amount only as before. By how much percent has his expenditure increased ?

Options:

A . 22%

B . $$22\frac{2}{9}\% $$

C . $$23\frac{1}{3}\% $$

D . 24%

Answer: Option B

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