document.write( "Question 204061: 1000 raffle tickets are sold at $3 each. One grand prize of $100 and two consolation prizes of $75 will be awarded. Find Jake’s expectation if he purchases one ticket. \r
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document.write( "A) -$2.75 B) -$3.00 C) $0.24 D) $2.75 E) $3.00
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Algebra.Com's Answer #154281 by feliz1965(151)![]() ![]() ![]() You can put this solution on YOUR website! This is what I came up with:\r \n" ); document.write( "\n" ); document.write( "250/x = 1000/1\r \n" ); document.write( "\n" ); document.write( "Let x = what must be subtracted from the prize of one ticket\r \n" ); document.write( "\n" ); document.write( "x(1000) = 250\r \n" ); document.write( "\n" ); document.write( "x = 250/1000\r \n" ); document.write( "\n" ); document.write( "x = 1/4 = 0.25\r \n" ); document.write( "\n" ); document.write( "Then 3.00 - 0.25 = 2.75\r \n" ); document.write( "\n" ); document.write( "If this is not correct, write back. \n" ); document.write( " |