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250 lottery tickets were sold and there are 5 prizes on these tickets. If kunal has purchased one lottery ticket, what is the probability that he wins

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250 lottery tickets were sold and there are 5 prizes on these tickets. If kunal has purchased one lottery ticket, what is the probability that he wins a prize? Select the correct answer from above options

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Correct Answer - ` 1/50` P(getting a prize ) = ` 5/(250) = 1/50`.

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