Question
A high school raffle sells 3500 tickets at $25 per ticket. The grand prize is a $38,000 SUV. 2nd prize is a full paid trip
A high school raffle sells 3500 tickets at $25 per ticket. The grand prize is a $38,000 SUV. 2nd prize is a full paid trip to Italy, valued at $12,000. In addition, five 3rd place prizes of round trip plus accommodations to Las Vegas (valued at $2,500) will be awarded. What would be the fair price of one ticket?
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Logic And Structure
Authors: Dirk Van Dalen
5th Edition
1447145585, 9781447145585
