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A scholarship fund of $5000 is to be distributed equally among 5 students. How m

Practice Questions

Q1
A scholarship fund of $5000 is to be distributed equally among 5 students. How much will each student receive?
  1. $800
  2. $1000
  3. $1200
  4. $1500

Questions & Step-by-Step Solutions

A scholarship fund of $5000 is to be distributed equally among 5 students. How much will each student receive?
  • Step 1: Identify the total amount of the scholarship fund, which is $5000.
  • Step 2: Identify the number of students who will receive the scholarship, which is 5.
  • Step 3: To find out how much each student will receive, divide the total amount ($5000) by the number of students (5).
  • Step 4: Perform the division: $5000 divided by 5 equals $1000.
  • Step 5: Conclude that each student will receive $1000.
  • Division – The process of distributing a total amount equally among a number of recipients.
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