Correct Answer: Rs. 4680
Explanation:
Let the expenditure on the 95 students be 'x'
Then,
95x + 500 = 120(x – 5) 95x + 500 = 120x - 600 120x - 95x = 1100 25x = 1100 => x = 44
Therefore, total expenditure of the hostel becomes 95 x 44 + 500 = 4680.