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A raffle is going to be held in which the winner will get $200. If 1000 tickets are to be sold, what is the fair price for a ticket?

A raffle is going to be held in which the winner will get $200. If 1000 tickets are to be sold, what is the fair price for a ticket?

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section: Chapter Questions
Problem 28T
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A raffle is going to be held in which the winner will get $200. If 1000 tickets are to be sold, what is the fair price for a ticket?
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