Question

You spend a $20 per turn on a fair game to win $50 for each win. you lose the first round but win the next two rounds.

what was the net payoff?

Answer 1

Answer: The Profit is $40

Explanation:

It costs $20 per turn so if you win you get $30

So $30+$30 = $60 (Because you won twice)

The subtract the $20 you lost $60-$20 = $40

So you earned $40!

Answer 2

70

Explanation:

ok, so since you want to find out what the profit is, first you take the times you won and multiply the amount you got for winning so 50*2=100. now that you have 100 you take the money you spent and multiply it by the number of times you played the game so 20*3=30. now that you have those you have everything you need to finish the question. you take the amount you spent per play (30) and subtract it from what you won (100). 100-30=70