SOLUTION: Bills of Four Denominations Duc Tran’s wallet contains 8 bills of the following denominations: four $5 bills, two $10 bills, one $20 bill, and one $50 bill. If Duc selects two bill
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Question 951079: Bills of Four Denominations Duc Tran’s wallet contains 8 bills of the following denominations: four $5 bills, two $10 bills, one $20 bill, and one $50 bill. If Duc selects two bills at random, determine the probability that he selects two $5 bills.
Answer by macston(5194) (Show Source): You can put this solution on YOUR website!
Duc has a total of 8 bills and four are $5, so for his first selection the odds are 4 in 8 he will choose a $5 bill. If he chooses the first $5 bill, there are 7 total bills remaining with 3 $5 bills, so there is a 3 in 7 chance he will choose the second $5 bill. Overall:
= ANSWER: There is a 3 in 14 chance that Duc will select two $5 bills.
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