288 pennies
<h3>
Further explanation</h3>
<u>Given:</u>
- Together, Katya and Mimi have 480 pennies in their piggy banks.
- After Katya lost ½ of her pennies and Mimi lost ²/₃ of her pennies, they both had an equal number of pennies left.
<u>Question:</u>
How many pennies did they lose altogether?
<u>The Process:</u>
Let k = Katya's pennies and m = Mimi's pennies.
<u>Step-1:</u> Finding out the amount of money in the beginning
At first, Katya and Mimi have 480 pennies in their piggy banks.
Equation-1: 
After Katya lost ½ of her pennies and Mimi lost ²/₃ of her pennies, they both had an equal number of pennies left. That is, the number of pennies remaining from Katya is
, while Mimi is
.
Equation-2: 
From Equation-2, we get
and substitute into Equation-1.




Substitute the value of m into 

Therefore, we got Katya's money of 192 pennies and Mimi's money of 288 pennies at first.
<u>Step-2:</u> Finding out how many pennies did they lose altogether
Katya lost ½ of her pennies and Mimi lost ²/₃ of her pennies.



Thus, they did lose 288 pennies altogether.
- - - - - - - - - -
Notes
From
, we can find out their initial money ratio is Katya's: Mimi's = 2: 3.
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Keywords: together, Katya and Mimi, 480 pennies, piggy banks, lost, an equal number, left, lose