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15 A spinning wheel at a fete is marked with the numbers 1 to 100. To play the game you pay $2.00 and select
15 A spinning wheel at a fete is marked with the numbers 1 to 100. To play the game you pay $2.00 and select one of these numbers. If the wheel lands on your number then you win S50, otherwise you lose the $2.00. If 1000 people play the game at the fete, the expected profit to the organisers from the spinning wheel is: A S1.48 B $48 S1480 D $1500 E $4800 Page | 4
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