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A student won an award worth $5000. If he spends 20% of it on books, how much mo

Practice Questions

Q1
A student won an award worth $5000. If he spends 20% of it on books, how much money does he have left?
  1. $4000
  2. $4500
  3. $3500
  4. $3000

Questions & Step-by-Step Solutions

A student won an award worth $5000. If he spends 20% of it on books, how much money does he have left?
  • Step 1: Identify the total amount of the award, which is $5000.
  • Step 2: Calculate 20% of $5000 to find out how much money is spent on books.
  • Step 3: To find 20%, multiply $5000 by 0.2 (which is the decimal form of 20%).
  • Step 4: Perform the multiplication: 0.2 * 5000 = $1000.
  • Step 5: Subtract the amount spent on books from the total award: $5000 - $1000.
  • Step 6: Calculate the remaining amount: $5000 - $1000 = $4000.
  • Percentage Calculation – Understanding how to calculate a percentage of a total amount.
  • Subtraction – Performing subtraction to find the remaining amount after spending.
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