Five years ago, Joshua spent 28 percent of his $45,000 yearly income on his bachelor apartment. Today, Joshua is earning $60,000 annually. According to Engel's laws, what percentage of income will he spend on his new apartment?
A) less than 19 percent
B) about 28 percent
C) about 52 percent
D) more than 71 percent

Question

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The Answer of Five years ago, Joshua spent 28 percent of his $45,000 yearly income on his bachelor apartment. Today, Joshua is earning $60,000 annually. According to Engel's laws, what percentage of income will he spend on his new apartment?
A) less than 19 percent
B) about 28 percent
C) about 52 percent
D) more than 71 percent

Five Years Ago, Joshua Spent 28 Percent of His $45,000