Question

You bet $7 on a local race being held for charity.The payoff odds govern by the charity event are 12:1,find your net profit for winning your bet in the race

Answer 1

The answer would be $77 profit.

Explanation:

The bet was $7 with a payout of 12 to 1. Total winnings would be:

$7 * 12 = $84

Subtract the initial bet to get the profit:

$84 - $7 = $77.

Answer 2

$84

Explanation:

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