A bank A.T.M. has notes of denomination 100,500 and 1000 in equal numbers. What is the probility of getting a note of Rs. 1000
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Solution
Let the number of Rs 100 notes =x then the number of Rs 500 notes =x number of Rs 1000 notes =x Total number of notes =3x Total number of possible outcomes=3x P (getting a Rs 1000 note) =x3x=13