The PTA had saved $400 set aside after a fundraising event. They spent a fourth of the money on school supplies. Then they spent half of what was left on food for the faculty. How much money did they have left?
They spent $400/4=$<<400/4=100>>100 on school supplies.
They spent $300/2=$<<300/2=150>>150 on food.
They had $300-150=$<<300-150=150>>150 left.
#### 150