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You entered a contest through your local television station. There is one first prize of a new car! There are 5 second place prizes of $1000, and 20 third place prizes of $100. If there are 2000 entries, what is the chance that you will win one of the 3rd place prizes?

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3 votes
3rd place prizes / total entries = 20/2000 which reduces to 1/100
User Blindspots
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