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500 tickets of a lottery were sold. There are 15 prizes on these tickets. If Mohan has purchased one ticket, what is the probability that he will win a price?
  • a)
    0.03
  • b)
    0.01
  • c)
    0.05
  • d)
    0.04
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
500 tickets of a lottery were sold. There are 15 prizes on these ticke...
Total no. of tickets = 500
Total no. of prizes = 15
P (win a prize) = 
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500 tickets of a lottery were sold. There are 15 prizes on these tickets. If Mohan has purchased one ticket, what is the probability that he will win a price?a)0.03b)0.01c)0.05d)0.04Correct answer is option 'A'. Can you explain this answer?
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