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Part ACSIR NET June 2025one-third-of-the-loss-is-not-one-third-of-what-remains

One third of the loss is not one third of what remains

A stock market trader has lost two thirds of her investment on a day. Next day she recovered one third of the previous day's loss. What fraction of her initial investment is she left with?

  1. A.1/3
  2. B.2/3
  3. C.2/9
  4. D.5/9

You have the answer. Trap Analysis is why the other three were written.

Not a worked solution repeated four times — the specific reasoning error each wrong option was built to reward, and why this one tests execution slip.

See pricing

50 are analysed free — try those first.

The trap it tests

Execution slip

The idea was right. The computation was not.

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