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

Multiple Choice

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 is her consumption per month before and after the increase in income?

A) $2,700; $3,000
B) $3,000; $3,000
C) $2,700; $3,150
D) $3,150; $3,500
E) $3,000; $3,500