Carol spends 1/4 of her savings on a stereo and 1/2 less than she spent on the stereo for a television. What fraction of her savings did she spend on the stereo and television?  Select the correct option:
A) 1/4  B) 2/7  C) 5/12  D) 3/8  E) 7/12
Total Savings = S   Amount spent on stereo = (1/4)S   Amount spent on television = (1-1/2)(1/4)S = (1/2)*(1/4)*S = (1/8)S   (Stereo + TV)/Total Savings = S(1/4 + 1/8)/S = 3/8   Answer: 3/8
<result>D</result>
Carol spends 1/4 of her savings on a stereo and 1/2 less than she spent on the stereo for a television. What fraction of her savings did she spend on the stereo and television?