A scholarship awards $2000 to the top 5% of students in a class of 200. How many

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Question: A scholarship awards $2000 to the top 5% of students in a class of 200. How many students receive the scholarship? (2020)

Options:

Correct Answer: 5

Exam Year: 2020

Solution:

5% of 200 students = 0.05 * 200 = 10 students receive the scholarship.

A scholarship awards $2000 to the top 5% of students in a class of 200. How many students receive the scholarship? (2020)

A scholarship awards $2000 to the top 5% of students in a class of 200. How many students receive the scholarship? (2020)

Step 1: Identify the total number of students in the class, which is 200.
Step 2: Determine the percentage of students who will receive the scholarship, which is 5%.
Step 3: Convert the percentage into a decimal by dividing by 100. So, 5% becomes 0.05.
Step 4: Multiply the total number of students (200) by the decimal (0.05) to find out how many students receive the scholarship: 0.05 * 200.
Step 5: Calculate the result of the multiplication: 0.05 * 200 = 10.
Step 6: Conclude that 10 students receive the scholarship.

Percentage Calculation – Understanding how to calculate a percentage of a total number.
Understanding Class Size – Recognizing the total number of students in the class to apply the percentage correctly.