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Question

Tickets sold for a school exhibition brought in Rs.10,500,6623% of which was given as scholarships to poor students. If the rest was used to buy books for the library, how much as money was used to buy books?

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Solution

Tickets sold for exhibition =Rs10,500
% given as scholarship =6623%=2003%
Money given as scholarship =2003% of 10,500

=2003100×10,500

=200300×10,500

=Rs7000/
Rest money used to buy for books =10,5007000
=Rs3,500
Money used to buy books Rs3500/
Hence, the answer is Rs3500.

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