Mathematics · Profit and Loss
University S charges an application fee of ₹500 from every student. A total of 400 students enrolled, out of which 170 students secured a scholarship. If the university grants a cash reward of ₹800 to every student who secures a scholarship, what is the net Profit/Loss made by University S in this transaction?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹64,000 Profit✓
- 2₹60,000 Loss
- 3₹62,000 Loss
- 4₹58,000 Profit
Correct answer
₹64,000 Profit
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