A school awards 2 scholarships of $1500 and 3 scholarships of $1000. What is the

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Question: A school awards 2 scholarships of $1500 and 3 scholarships of $1000. What is the total amount awarded in scholarships?

Options:

Correct Answer: $4500

Solution:

Total = (2 * $1500) + (3 * $1000) = $3000 + $3000 = $6000.

A school awards 2 scholarships of $1500 and 3 scholarships of $1000. What is the total amount awarded in scholarships?

A school awards 2 scholarships of $1500 and 3 scholarships of $1000. What is the total amount awarded in scholarships?

Step 1: Identify the number of $1500 scholarships. There are 2 scholarships.
Step 2: Calculate the total amount for the $1500 scholarships by multiplying the number of scholarships by the amount: 2 * $1500 = $3000.
Step 3: Identify the number of $1000 scholarships. There are 3 scholarships.
Step 4: Calculate the total amount for the $1000 scholarships by multiplying the number of scholarships by the amount: 3 * $1000 = $3000.
Step 5: Add the total amounts from the $1500 and $1000 scholarships together: $3000 + $3000 = $6000.
Step 6: The total amount awarded in scholarships is $6000.

Basic Arithmetic – The question tests the ability to perform basic multiplication and addition to calculate total amounts.
Understanding of Scholarships – The question assesses the understanding of how to calculate total monetary awards based on given quantities and values.