If a student wins a scholarship of $1200 and spends 25% of it on books, how much

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Question: If a student wins a scholarship of $1200 and spends 25% of it on books, how much money does the student have left? (2023)

Options:

Correct Answer: $800

Exam Year: 2023

Solution:

Amount spent on books = 25% of 1200 = 0.25 * 1200 = $300. Amount left = 1200 - 300 = $900.

If a student wins a scholarship of $1200 and spends 25% of it on books, how much money does the student have left? (2023)

If a student wins a scholarship of $1200 and spends 25% of it on books, how much money does the student have left? (2023)

Step 1: Identify the total amount of the scholarship, which is $1200.
Step 2: Calculate 25% of the scholarship amount to find out how much is spent on books.
Step 3: To find 25%, multiply the total amount by 0.25: 0.25 * 1200.
Step 4: Calculate the result of the multiplication: 0.25 * 1200 = $300.
Step 5: Subtract the amount spent on books from the total scholarship amount to find out how much is left.
Step 6: Perform the subtraction: 1200 - 300 = $900.
Step 7: The final amount of money the student has left is $900.

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