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40\left(-\frac{3}{5}\right)=-y\left(-21\right)
Variable y cannot be equal to 0 since division by zero is not defined. Multiply both sides of the equation by 40y, the least common multiple of y,-40.
\frac{40\left(-3\right)}{5}=-y\left(-21\right)
Express 40\left(-\frac{3}{5}\right) as a single fraction.
\frac{-120}{5}=-y\left(-21\right)
Multiply 40 and -3 to get -120.
-24=-y\left(-21\right)
Divide -120 by 5 to get -24.
-24=21y
Multiply -1 and -21 to get 21.
21y=-24
Swap sides so that all variable terms are on the left hand side.
y=\frac{-24}{21}
Divide both sides by 21.
y=-\frac{8}{7}
Reduce the fraction \frac{-24}{21} to lowest terms by extracting and canceling out 3.