
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
In a school of 500 students, 80 students own cats, and 150 students own dogs. Out of these, 40 students own both cats and dogs. What percent of the students own only cats?

Present the answer in LaTex format: \boxed{Your answer}
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