SOLUTION: The probabilities that a shop will make a profit and break even are 0.6 and 0.1 respectively. What is the probability that the shop will lose?

Algebra ->  Probability-and-statistics -> SOLUTION: The probabilities that a shop will make a profit and break even are 0.6 and 0.1 respectively. What is the probability that the shop will lose?       Log On

It is the COMPLEMENT to the sum  0.6 + 0.1 = 0.7,


i.e. the probability of lose is  1-0.7 = 0.3.    ANSWER