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Last year vivek saved 10% of his annual earnings, this year he earned 5% more than last year and he saved 12% of his annual earnings. The amount saved this year was what percentage of the amount saved last year ?

Last year vivek saved 10% of his annual earnings, this year he earned 5% more than last year and he saved 12% of his annual earnings. The amount saved this year was what percentage of the amount saved last year ? Correct Answer 126%

Suppose total earnings = Rs. 1000010% saving = 10000 x (10/100) = Rs. 1000This year 5% more income than prev year = Rs. 1050012% saving = 10500 x (12/100) = Rs. 1260Percentage of amount saved = (1260/1000) x 100 = 126%

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