A fair coin is tossed 4 times, and a person win rupee 1 for each head and lose Rs. 1.05 for each tail that turns up. Based on the information answer the following questions ☝☝
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monolith is a geological feature consisting of a single massive stone or rock, such as some mountains. Erosion usually exposes the geological formations, which are often made of very hard and solid igneous or metamorphic rock.
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Since the coin is tossed four times, there can be a maximum of 4 heads or tails. When 4 heads turns up, Re1 + Re1 + Re1 + Re1 = Rs 4 is the gain. When 3 heads and 1 tail turn up, Re 1 + Re 1 + Re 1 – Rs 1.50 = Rs 3 – Rs 1.50 = Rs 1.50 is the gain.
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