Read the statements carefully and select the correct
option.
Statement-I : The income of a person A increases from
₹ 12000 to ₹ 14000 and the expenditure increases from
40% to 50%. The percentage decrease in the monthly
savings of A is 
.
Statement-II : A person lent certain sum of money at
the rate of 4% simple interest. In 5 years, the interest
amount is ₹ 520 less than the sum lent. Then, the sum
lent was ₹ 850.
ABoth Statement-I and Statement-II are true.
BBoth Statement-I and Statement-II are false.
CStatement-I is true but Statement-II is false.
DStatement-I is false but Statement-II is true.
good question