Kelly invested $1,500 in the stock market on January 1. She lost 1/3 of it by the end of January and 2/5 of the remaining amount by the end of February. How much did she have left?

ANSWER IS $ 600 she have left

Kelly invested $1,500

She lost 1/3 of it by the end of January

she lost by the end of January = 1/3 * $1,500

= $ 500

so she has 1500 - 500 = $ 1000 by the end of january

now she has lost 2/5 of the remaining amount by the end of February

that is she has lost 2/5 of the $1000 by the end of February

2/5 * 1000 = $ 400 lost by the end of February

she have left at the end = 1000 - 400

= $ 600

so answer is $ 600 she have left at the end......

hope you understood..please message if you have any doubts,,thank you

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