If a student wins a scholarship of $1500 and spends 40% on tuition fees, how muc

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Question: If a student wins a scholarship of $1500 and spends 40% on tuition fees, how much money does he have left? (2022)

Options:

Correct Answer: $750

Exam Year: 2022

Solution:

Amount spent on tuition = 0.4 * 1500 = $600. Amount left = 1500 - 600 = $900.

If a student wins a scholarship of $1500 and spends 40% on tuition fees, how much money does he have left? (2022)

If a student wins a scholarship of $1500 and spends 40% on tuition fees, how much money does he have left? (2022)

Step 1: Identify the total scholarship amount, which is $1500.
Step 2: Calculate 40% of the scholarship amount to find out how much is spent on tuition fees. This is done by multiplying 0.4 by 1500.
Step 3: Perform the multiplication: 0.4 * 1500 = $600. This is the amount spent on tuition fees.
Step 4: Subtract the amount spent on tuition from the total scholarship amount to find out how much money is left. This is done by calculating 1500 - 600.
Step 5: Perform the subtraction: 1500 - 600 = $900. This is the amount of money left.

Percentage Calculation – Understanding how to calculate a percentage of a total amount.
Subtraction – Performing basic subtraction to find the remaining amount after expenses.