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Asked by Tony

an organization is selling raffle tickets for 20$ each. you purchase one of 500 raffle tickets. the prize for this raffle is 6000$. what is your expected winnings?
7 years ago

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Answered by Steve
1/500 * 6000 - 20
7 years ago
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an organization is selling raffle tickets for 20$ each. you purchase one of 500 raffle tickets. the prize for this raffle is 6000$. what is your expected winnings?

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