Mathematics · Ratio and Proportion
A scholarship fund of ₹1200 is to be distributed between two students, A and B, in the 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?
- 1₹700
- 2₹750
- 3₹687.50✓
- 4₹675
Correct answer
₹687.50
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