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If a student receives a scholarship of 20% on a total fee of $5000, what is the

Practice Questions

Q1
If a student receives a scholarship of 20% on a total fee of $5000, what is the amount of the scholarship?
  1. $1000
  2. $800
  3. $1200
  4. $600

Questions & Step-by-Step Solutions

If a student receives a scholarship of 20% on a total fee of $5000, what is the amount of the scholarship?
  • Step 1: Understand that the scholarship is 20% of the total fee.
  • Step 2: Convert the percentage to a decimal. 20% as a decimal is 0.20.
  • Step 3: Multiply the total fee by the decimal. Calculate 0.20 * 5000.
  • Step 4: Perform the multiplication. 0.20 * 5000 equals 1000.
  • Step 5: The amount of the scholarship is $1000.
  • Percentage Calculation – Understanding how to calculate a percentage of a total amount.
  • Basic Arithmetic – Applying multiplication to find the value of the scholarship.
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