If Jan spent 40% of her monthly income on housing and 20%

Question

If Jan spent 40% of her monthly income on housing and 20% less than she spent on
housing on a car payment, what percent of her monthly income did she have left after
making both her housing payment and her car payment?

(A) 20%
(B) 28%
(C) 42%
(D) 50%
(E) 60%

(A) 20%
(B) 28%
(C) 42%
(D) 50%
(E) 60%

Qoofi · Answer

Hi avohden,

Lets say the total income of Jan is 100
Then

She spends 40 on Housing

20% less than she spent on Housing =  40 - 20/100 * 40 = 32 
Total expenditure = 40 + 32 = 72

Remaining = 100 - 72 = 28

Hence the answer is B 28 %

Hope it helped
Cheers
Qoofi

PareshGmat · Answer

Say monthly income = 100

Spent on housing = 40

20% less than she spent for housing = 80% of housing expenditure  = \frac{80}{100} * 40 = 32

Total expenditure = 40 + 32 = 72

Balance = 28%

Answer = B

Nunuboy1994 · Answer

200(.4)= 80 on housing

80(.8) =64 on cars

200- 80 +64/ 200 =

56/200
 
 28/100

Thus
 "B"

JeffTargetTestPrep · Answer

Let’s pick a convenient number for Jan’s total monthly income: 100 dollars.
 
Since she spent 40% of the income on housing, she spent 40 dollars on housing.
 
Since she spent 20% less than she spent on housing on a car payment, she spent 0.8 x 40 = 32 dollars on a car payment.
 
After making these payments, she has 100 - 40 - 32 = 28 dollars, or 28% of her monthly income, left.
 
Answer: B

Helium · Answer

This is a word problem dealing with percentages of Jan's monthly income. Choose $100 for Jan's total monthly income. If she spent 40% of that on her housing, that means she spent $40 on her housing. She spent 20% less than $40 on her car payment. 20% of $40 is (0.20)($40) = $8, so she spent $40 - $8, or $32 on her car payment. The total amount spent for housing and car was 40 + 32, or $72, which subtracted from $100, leaves her with $28. $28 is 28% of her monthly income. (B) is correct.

If Jan spent 40% of her monthly income on housing and 20%

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If Jan spent 40% of her monthly income on housing and 20%

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