UNSW has a scholarship program for finance students. 5% of financestudents win the scholarship. 25% of the finance students who obtain a scholarship choose toenrollin the Honours program.Of these students, 40% are awarded First-Class Honours.80% of finance students who do not wina scholarshipenrollin the Honours program.Of these students, 50% are awarded First-Class Honours. A student who does notenrollin the Honours program can never be awarded First-Class Honours. If Adam is awarded First-Class Honours, what is the probability that he did not win a scholarship?

Note:Write downyour answeras apercentage(2 decimal places).Ignore the "%" sign. For example, if your answer is 0.12345, write 12.35

Answer%