Type of calculation: Calculating a percentage of a number (the scholarship), then subtracting it from the total.
How to use the calculator: Option 1 (Direct method): Use the
Decreased Value CALCULATOR ("Calculate new value after percentage decrease"). Enter the tuition $
6000 [Original] and the scholarship percentage
40% [Decrease]. The calculator gives you the amount you need to pay directly.
Option 2 (Step-by-step): Step 1 (Find scholarship amount): Use the
Basic Percentage CALCULATOR ("What is X% of Y?"). Enter the scholarship percentage
40 [X] and the tuition $
6000 [Y]. This tells you that the scholarship is worth
40% of $
6000.
Step 2 (Find amount to pay): Subtract that scholarship amount from the total tuition.
The formula:
We want to find how much you'll still need to pay. The scholarship covers
40% of $
6000.
Scholarship amount = (
40 / 100) × $
6000 = 0.4 × $
6000 = $
2400
Amount to pay = $
6000 - $
2400 = $
3600