An exam can be given maximum four times. The probability of selection in first attempt is 1/24 and it increases by 50% for every next attempt. The probability of selection is ______.Given that individual can give only one successful attempt.
A
0.2
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B
0.3
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C
0.4
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D
0.5
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Solution
The correct option is B 0.3 Let P1,P2,P3,P4 be probability of selection in 1st,2nd,3rd&4th attempt respectively.
Now,
P1=124;P2=124[1+0.5]
P2=124×32
P3=124×32[1+0.5]=124×(32)2
P4=124×(32)3
Now let Ai be selection in ith attempt & ¯¯¯¯¯¯Ai be unsuccessful attempt,