Among a group of 1,500 people, 44 percent invest in mutual funds, 22 percent invest in blue-chip stocks, and 12 percent invest in both mutual funds and blue-chip stocks. If 1 person is to be randomly selected from the 1,500 people, what is the probability that the person selected will be one who invests in blue-chip stocks but NOT in mutual funds?
A. 1/10
B. 3/25
C. 11/50
D. 8/25
E. 11/20
A. 1/10
B. 3/25
C. 11/50
D. 8/25
E. 11/20
