- A3
- B5
- C10
- D50
Step-by-Step Solution
Total prize money , shared over 1000 equally likely tickets, so the expected value per ticket is 5000 ÷ 1000 = ₹5. (Equivalently )
Answer: B) 5
In a lottery 1000 tickets are sold. There is one prize of ₹3000 and ten prizes of ₹200 each. What is the expected prize money, in ₹, on one ticket?
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