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DENIUS [597]
3 years ago
5

An auction house sells raffle tickets for $1. There are 10 prizes, each worth $10. If 100 raffle tickets are sold, what is the e

xpected value of each ticket?
$0
$1
-$1
$10
Mathematics
1 answer:
mojhsa [17]3 years ago
7 0

Answer: $1

Step-by-step explanation: (10 x 10) / 100 = 1

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I have memorized facts about fractions like these, so can tell you ...

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_____

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