Odds 8 to 5 against a person who is 40yr old living till he is 70 and 4 to 3 against another person now 50 till he will be living 80. Probability that one of them will be alive next 30yr.
A
5991
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B
4491
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C
5191
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D
3291
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Solution
The correct option is B4491
let A be the event that person A will die in 30 yrs and let B be the event that person B will die in 30 yrs.
P(A)=88+5
P(A)=813⇒P(¯A)=513
Similarly, P(B)=47 or P(¯B)=37
There are two ways in which one person is alive after 30 yr.