Note:
Here if we store “-7354” in form of characters, in “-7354” there are 5 characters : $\{ \ ’- ’,’7’,’3’,’5’,’4’\}$
So for each character we need 1 byte. Therefore total memory reqd for 5 characters → 5B
Here if we store $-7354$ in form of numbers, in $-7354$ the number $7354$ as integer will require $14$ bits to be represented (as $2^{13} = 8192$) we can take one more bit to store sign (e.g. it’s -ve no. so we will use $1$ to represent it). Thus in total we need $15$ bits ≈ $2B$.
Therefore reduction = $5B-2B = 3B$
%redn = $3B/5B*100 = 60\%$
ANSWER: (OPTION C)