Home
Class 12
MATHS
Suppose 10000 tickets are sold in a lott...

Suppose 10000 tickets are sold in a lottery each for ₹ 1. First prize is of ₹ 1. First prize is of ₹ 3000 and the second prize is of ₹ 2000. There are three third prizes of ₹ 500 each. If you buy one ticket, then what is your expectation?

Text Solution

Verified by Experts

The correct Answer is:
Rs.`0.65`
Promotional Banner

Similar Questions

Explore conceptually related problems

In a lottery 10000 tickets are sold and ten equal prizes are awarded. What is the probability of not getting a prize, if you buy one ticket?

In a lottery, there are 10 prizes and 20 blanks. A ticket is chosen at random. What is the probability of getting a prize?

In a lottery 10,000 tickets are sold and ten equal prizes are awarded,.What is the probability of not getting a prove if you buy i.1 ticket ii.two tickets iii.10 tickets.

The total worth of three prizes is Rs.2550 .If the value of second prize is ((3)/(4))^(th) of the first.prize and the value of third prize is ((1)/(2)) of the second then the value of the first prize is

There are 15 prizes and 25 blaks in a lottery. Find the probability of getting a prize on one ticket.

Three prizes are to be distributed in a quiz contest. The value of the second prize is five sixths the value of the first prize and the value of the third prize is four-fifths that of the second prize. If the total value of three prizes is Rs 150, find the value of each prize.

Three prizes are to distributed in a quiz contest.The value of the first prize is (3)/(2) of the value of the second and the value of the third prize is five sixth the value of the second prize If total value of the 3 prizes is Rs.800, find the value of each prize.

Twenty -five Candidates _________ each other for the first prize.

Three tables are purchased for Rs 2500 each. First is sold at a profit of 8%, the second is sold at a loss of 3%. If their average selling price is Rs 2575, find the profit per cent on the third.