(iii) (b) If the same amount of ₹$5$ has been decided for winning or losing the game, then how much fund had been collected by school? (Number of participants $= 99$)

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Accepted Answer

Step 1: Number of participants $= 99$, $P(	ext{winning}) = \frac{1}{9}$
Number of persons won $= 11$
Step 2: Number of persons lost $= 88$
Step 3: Funds collected $= 88 	imes 5 - 11 	imes 5 = 440 - 55 =$ ₹$385$

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Solution