Question

In a sweepstakes sponsored by Gemini Paper Products, 10,000 entries have been received. If 1 grand prize is drawn, and 5 first prizes, 30 second prizes, and 400 third prizes are to be awarded, what is the probability that a person who has submitted one entry will win the following?

Answer 1

Answer is 109/25000

Explanation:

By applying formula:

P= 1/100,000

Now putting values accordingly of 1 grand prize and third prize we get:

P= 1+5+30+400/100000

= 436/100000

= 109/25000