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There are 1000 sealed envelopes in a box, 10 of them contain a cash prize of Rs 100 each, 100 of them contain a cash prize of Rs 50 each and 200 of them contain a cash prize of Rs 10 each and rest do not contain any cash prize. If they are well shuffled and an envelope is picked up out, what is the probability that it contains no cash prize ?

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Answer. [0.69]
Solution.  Probability; Probability means possibility. It is a branch of mathematics that deals with the occurrence of a random event. The value is expressed from zero to one
Total envelopes = 1000
 Envelopes with no cash prize = Total envelopes – envelopes with cash prize
= 1000 – 10 – 100 – 200 = 690
Favourable cases = 690
Probability = \frac{Number\, of\, favourable\ cases }{Total\, number\, of\, cases}
Probability that the envelope is no cash prize = \frac{690}{1000}= \frac{69}{100}= 0\cdot 69

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