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505-555 (Easy)|   Arithmetic|      
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happy1992
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Last year Elaine spent 20% of her annual earnings on rent 03 May 2016, 06:48
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D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!

Difficulty:

15% (low)

Question Stats:

87% (02:13) correct 13% (02:26) wrong based on 262 sessions

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Last year Elaine spent 20% of her annual earnings on rent. This year she earned 15% more than last year and she spent 30% of
her annual earnings on rent. The amount she spent on rent thisyear is what percent of the amount spent on rent last year?

(A) 152.5
(B) 164.5
(C) 167.5
(D) 172.5
(E) 177.5
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D
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Bunuel
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Last year Elaine spent 20% of her annual earnings on rent 03 May 2016, 06:50
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happy1992
Last year Elaine spent 20% of her annual earnings on rent. This year she earned 15% more than last year and she spent 30% of
her annual earnings on rent. The amount she spent on rent thisyear is what percent of the amount spent on rent last year?

(A) 152.5
(B) 164.5
(C) 167.5
(D) 172.5
(E) 177.5
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This is a copy of the following OG question: last-year-carlos-saved-10-percent-of-his-annual-earnings-th-167602.html
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GMAT Focus 1: 735 Q90 V89 DI81
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Last year Elaine spent 20% of her annual earnings on rent 03 May 2016, 07:04
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happy1992
Last year Elaine spent 20% of her annual earnings on rent. This year she earned 15% more than last year and she spent 30% of
her annual earnings on rent. The amount she spent on rent thisyear is what percent of the amount spent on rent last year?

(A) 152.5
(B) 164.5
(C) 167.5
(D) 172.5
(E) 177.5
Show more

let last year earniings be 100...
she spent 20% = 20..

she earned 15% more this year = 100*1.15 = 115..
now she spent 30% of earnings = 115*.3 = 34.5...

so 34.5/20 *100 = 172.5%
D
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Last year Elaine spent 20% of her annual earnings on rent 03 May 2016, 07:08
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Hi OP,

For this it is easiest to use simple numbers. Let's assume that Elaine's annual earnings last year were $100.

She would've spent $20 of this on rent.

This year she earned 15% more, or $115.

She would've spent 30% of this on rent, or $34.5

Do $34.5/$20

This will give you 172.5%

D is the correct answer.
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hemantbafna
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Last year Elaine spent 20% of her annual earnings on rent 05 Aug 2020, 06:46
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happy1992
Last year Elaine spent 20% of her annual earnings on rent. This year she earned 15% more than last year and she spent 30% of
her annual earnings on rent. The amount she spent on rent this year is what percent of the amount spent on rent last year?

(A) 152.5
(B) 164.5
(C) 167.5
(D) 172.5
(E) 177.5
Show more

E=100
Rent =20

E1=115
Rent1=115*30/100=34.5

The amount she spent on rent this year is what percent of the amount spent on rent last year= 14.5/20=72.5
Therefore 172.5
D
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Last year Elaine spent 20% of her annual earnings on rent 07 Mar 2025, 00:11
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