Assume that the proabailityfor rain on a day is 0.4. An umbrella salesman can earn ₹ 400 per day in case of rain on that day will lose ₹100 per day…
CA Foundation · Quantitative Aptitude · MTP · September 2025
Assume that the proabailityfor rain on a day is 0.4. An umbrella salesman can earn ₹ 400 per day in case of rain on that day will lose ₹100 per day if there is no rain. The expected eranings (in ₹) per day of the salesman is .
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. 100
Topics: Part-C: Statistics
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