A scholarship fund of ₹1200 is to be distributed between two students, A and B, in a ratio 5:3. However, after allocating ₹200 to administrative charges, the remaining amount is first increased by 10% as a bonus before the final division. What amount will student A receive?
Show answer & explanation
Correct answer: B
Explanation
Total scholarship amount = ₹1200
Administrative fee = ₹200
Remaining amount = 1200 − 200 = ₹1000
New amount = 1000 + (10% × 1000)
= 1000 + 100 = ₹1100
Total parts = 5 + 3 = 8
Student A's share = (5/8) × 1100 = ₹687.5