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Mathematics, 12.03.2020 17:28 kingyogii

Angelo's Pizza is having a ticket raffle to raise money for new soccer uniforms. A $1 ticket gives an even chance to win $25 gift certificate, one $15 gift certificate, or three $5 gift certificates. What is the expected profit or loss for purchasing 1 ticket if 100 total tickets are sold? A. A loss of $0.55 B. A gain of $0.55 C. A loss of $0.45 D A gain of $0.45

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