SOLUTION: If there are 1200 tickets sold in a raffle and there will be 5 prizes and someone buys one ticket what is their chance of winning?

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Question 900990: If there are 1200 tickets sold in a raffle and there will be 5 prizes and someone buys one ticket what is their chance of winning?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
5%2F1200+=+1%2F240=+.0042 0r .42% chance of winning