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A school awards 5 scholarships worth $2000 each. If the total budget for scholar

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Question: A school awards 5 scholarships worth $2000 each. If the total budget for scholarships is $12000, how much money is left after awarding the scholarships?

Options:

  1. $2000
  2. $4000
  3. $6000
  4. $8000

Correct Answer: $4000

Solution:

Total awarded = 5 * 2000 = $10000. Remaining = 12000 - 10000 = $2000.

A school awards 5 scholarships worth $2000 each. If the total budget for scholar

Practice Questions

Q1
A school awards 5 scholarships worth $2000 each. If the total budget for scholarships is $12000, how much money is left after awarding the scholarships?
  1. $2000
  2. $4000
  3. $6000
  4. $8000

Questions & Step-by-Step Solutions

A school awards 5 scholarships worth $2000 each. If the total budget for scholarships is $12000, how much money is left after awarding the scholarships?
  • Step 1: Identify the number of scholarships awarded, which is 5.
  • Step 2: Identify the amount of each scholarship, which is $2000.
  • Step 3: Calculate the total amount awarded by multiplying the number of scholarships by the amount of each scholarship: 5 * 2000.
  • Step 4: The total amount awarded is $10000.
  • Step 5: Identify the total budget for scholarships, which is $12000.
  • Step 6: Calculate the remaining money by subtracting the total amount awarded from the total budget: 12000 - 10000.
  • Step 7: The remaining money is $2000.
  • Multiplication – Calculating the total amount awarded by multiplying the number of scholarships by the amount of each scholarship.
  • Subtraction – Determining the remaining budget by subtracting the total awarded from the total budget.
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