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?

Question

Mathematics

Madilyn Gonzalez

16 March, 05:30

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?

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Rex Villanueva · Answer 1

Kelly invested $1,500 in the stock market on January 1 She lost 1/3 of it by the end of January or that is: (1/3) * 1500 = $500 the remaining amount is 1500 - 500 = $1,000 she lost 2/5 of the remaining amount by the end of February: (2/5) 1000 = $400 what is left is: 1000 - 400 = $600.