For every 7 boys there are 5 girls. Thus out of 12 students, 7 are boys and 5 are girls. Hence the number of boys is
712×720=420.
The number of girls is720−420=300. Now we want the ratio of boys to girls to be 1:1. This means the number of boys and girls must be same. Since the deficiency of girls is 420−300=120, the school must admit 120 girls to make the ratio 1:1.