Find the Probability $\frac { 1 } { 25 }$ D) 25

question 242

Multiple Choice

Find the probability.
-A lottery game contains 25 balls numbered 1 through 25. What is the probability of choosing a ball numbered 26?

• A) 1
• B) 0
• C) \(\frac { 1 } { 25 }\)
• D) 25

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Definitions:

Gross Profit

The difference between revenue and the cost of goods sold before deducting overheads, payroll, taxes, and interest payments.

Sales Returns

Sales Returns are transactions where customers return previously purchased merchandise, leading to a reduction in sales revenue for the seller.

Office Supplies

Items used in offices such as paper, pens, and other consumables necessary for day-to-day operations.

Departmental Income Statements

are financial statements that report the income, expenses, and net income of individual departments within a company.