Question

A friend offers you an opportunity to buy a raffle ticket for $50. There were 1,000 tickets sold and the lucky winner will receive $20,000. Your friend promises you that if you don't win, he'll give you a $20 refund. Should you buy a ticket?

Answer 1

NO,

Because you have a loss of $30 if you buy the ticket and,

Your chance to win the prize is = 0.1%

Answer 2

HIII.....

GOOD MORNING:-)

HERE IS YOUR ANSWER:--------

NO,

BECAUSE YOU HAVE LOSS OF $ 30IF YOU BUY THE TICKET.

AND YOUR CHANCE TO WIN THE PRIZE IS 0.1%

HOPE THIS HELPS YOU....

BE ALWAYS HAPPY AND SMILING

HAVE A GREAT DAY AHEAD