Mathematics, 11.05.2021 18:20 novelty3650

Animal house rescue is holding a fundraiser raffle. they sell 2,980 tickets for $1 each for a prize telescope valued at $425. what is the expected gain or loss to a participant purchasing ten tickets A)$4,240.00 gain
B)$8.57 loss
C)$0.86 loss
D)$12.85 gain

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Animal house rescue is holding a fundraiser raffle. they sell 2,980 tickets for $1 each for a prize...

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Animal house rescue is holding a fundraiser raffle. they sell 2,980 tickets for $1 each for a prize telescope valued at $425. what is the expected gain or loss to a participant purchasing ten tickets A)$4,240.00 gain B)$8.57 loss C)$0.86 loss D)$12.85 gain

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Another question on Mathematics

Animal house rescue is holding a fundraiser raffle. they sell 2,980 tickets for $1 each for a prize telescope valued at $425. what is the expected gain or loss to a participant purchasing ten tickets A)$4,240.00 gain
B)$8.57 loss
C)$0.86 loss
D)$12.85 gain