Linda earned an income of $3,000 per month, which has now increased to $3,500 per month. She saves 10 percent and spends the remainder on food, lodging, and other expenses. So far, she has managed to save $20,000. What are her savings per month before the increase income and after the increase in income?
A) $500; $450
B) $300; $350
C) $450; $500
D) $350; $300
E) $500; $350

Question

Quizplus · Accepted Answer

Before the increase, Linda saved 10% of $3,000, which is $300. After the increase, she saves 10% of $3,500, which is $350.

Linda Earned an Income of $3,000 Per Month, Which Has