Having received his weekly allowance, a student spent 3/5 of his allowance at the arcade. The next day he spent one third of his remaining allowance at the toy store, and then spent his last $1.20 at the candy store. What is this student’s weekly allowance?  Choose the correct choice
A) $3.50
B) $4.00
C) $4.25
D) $4.50
E) $5.00
Let x be the value of the weekly allowance.   (2/3)(2/5)x = 120 cents   (4/15)x = 120   x = $4.50   The answer is $4.50.
<result>D</result>
Having received his weekly allowance, a student spent 3/5 of his allowance at the arcade. The next day he spent one third of his remaining allowance at the toy store, and then spent his last $1.20 at the candy store. What is this student’s weekly allowance?