If a student is awarded a scholarship of $2000, which is 25% of the total fees,

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Question: If a student is awarded a scholarship of $2000, which is 25% of the total fees, what is the total fee? (2000)

Options:

Correct Answer: $6000

Exam Year: 2000

Solution:

Total fees = $2000 / 0.25 = $8000.

If a student is awarded a scholarship of $2000, which is 25% of the total fees, what is the total fee? (2000)

If a student is awarded a scholarship of $2000, which is 25% of the total fees, what is the total fee? (2000)

Step 1: Understand that the scholarship amount of $2000 represents 25% of the total fees.
Step 2: To find the total fees, we need to divide the scholarship amount by the percentage it represents in decimal form.
Step 3: Convert 25% to decimal form, which is 0.25.
Step 4: Use the formula: Total fees = Scholarship amount / Percentage in decimal.
Step 5: Plug in the values: Total fees = $2000 / 0.25.
Step 6: Calculate the total fees: $2000 divided by 0.25 equals $8000.

Percentage Calculation – Understanding how to calculate the total amount from a given percentage of that amount.