Question: An ATM allows its client to withdraw up to Rs 1 0 0 0 0 in a single transaction. Genuine clients withdraw less than this

An ATM allows its client to withdraw up to Rs 10000 in a single transaction. Genuine
clients withdraw less than this amount 99% of the time. Overall, one withdrawal in 1000
involves a fraudulent transaction where a card is stolen. Such fraudulent transactions
always involve a withdrawal of exactly Rs 10000. If the ATM receives a request for Rs
10000, what is the probability that the transaction is fraudulent?

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