Let,
The probability of student answer is
The probability of student guesses is
The probability of student answers correctly is
The probability that the student knows the answer, if he answered it correctly that is
The probability that student knows the answer is,
The probability that the student answer correctly, given that he knows the answer,
The probability that student guess the answer is,
The probability that the student answer correctly, given that he guesses,
Put these values in equation (1),
Thus, the required probability is