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Question

At IIM Bangalore, 60% of the students are boys and the rest are girls. Further 15% of the boys and 7.5% of the girls are getting a fee waiver. If the number of those getting a fee waiver is 90, find the total number of students getting 50% concession if it is given that 50% of those not getting a fee waiver are eligible to get half fee concession?

A
360
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B
280
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C
320
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D
330
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Solution

The correct option is D 330
The thought process would go like:
If we assume 100 students
Total: 60 boys and 40 girls.
Free waiver: 9 boys and 3 girls.
This means that a total of 12 people are getting a fee waiver. (But this figure is given as 90.)
Hence, 1 corresponds to 7.5.
Now, number of students not getting a fee waiver = 51 boys and 37 girls 50% concession 25.5 boys and 18.5 girls (i.e. a total of 44.)
Hence, the required answer=44×7.5=330

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