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A man calculates that the probability of his winning the first prize in a lottery is 0.08. If 6000 tickets are sold, how many tickets has he bought?
  • a)
    480
  • b)
    720
  • c)
    240
  • d)
    140
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
A man calculates that the probability of his winning the first prize i...
To find the number of tickets the man has bought, we can use the formula:

Number of tickets bought = Probability of winning × Total number of tickets

Given that the probability of winning the first prize is 0.08 and the total number of tickets sold is 6000, we can substitute these values into the formula:

Number of tickets bought = 0.08 × 6000

Simplifying the calculation:

Number of tickets bought = 480

Therefore, the man has bought 480 tickets.

Explanation:
Let's break down the problem into the following components:

1. Probability of winning: The probability of winning the first prize is given as 0.08. This means that out of every 100 tickets sold, he is expected to win the first prize in 8 tickets.

2. Total number of tickets sold: The total number of tickets sold is given as 6000.

By multiplying the probability of winning by the total number of tickets sold, we can calculate the number of tickets the man has bought. This is because the probability represents the ratio of favorable outcomes (winning tickets) to the total number of outcomes (total tickets sold).

In this case, the calculation is as follows:

Number of tickets bought = 0.08 × 6000 = 480

Therefore, the man has bought 480 tickets.
Free Test
Community Answer
A man calculates that the probability of his winning the first prize i...
Required probability = 6000 × 0.08 = 480
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A man calculates that the probability of his winning the first prize in a lottery is 0.08. If 6000 tickets are sold, how many tickets has he bought?a)480b)720c)240d)140Correct answer is option 'A'. Can you explain this answer?
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