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In a game, a man wins Rs. 100 if he gets...

In a game, a man wins Rs. 100 if he gets 5 of 6 on a throw of a fair die and loses Rs. 50 for getting any other number on the die. If he decides to throw the die either till he gets a five or a six or to a maximum of three throws, then his expected gain/loss (in rupees) is

A

`(400)/(3)` loss

B

`(400)/(9)` loss

C

0

D

`(400)/(3)` gain

Text Solution

Verified by Experts

The correct Answer is:
C

Let p and q represents the probability of success and failure in a trial respectively. Then,
p=P(5 or 6)`=(2)/(6)=(1)/(3)` and `q=1-p=(4)/(6)=(2)/(3)`.
Now, as the man decides to throw the die either till he gets a five or a six or to a maximum of three throws, so he can get the success in first, second and third throw or not get the success in any of the three throws. So, the expected gain/loss (in ₹)
`=(pxx100)+qp(-50+100)+q^(2)p(-50-50+100)+q^(3)(-50-50-50)`
`=((1)/(3)xx100)+((2)/(3)xx(1)/(3))(50)+((2)/(3))^(2)((1)/(3))(0)+((2)/(3))^(3)(-150)`
`(100)/(3)+(100)/(9)+0-(1200)/(27)`
`=(900+300-1200)/(27)=(1200-1200)/(27)=0`
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