The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $8 each and will sell 800 tickets. There is one $2,000 grand prize, four $500 second prizes, and sixteen $30 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.

Q: 4% of $6.00

A:

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Q: 2. 7.5 3

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A: Commision= 5%  Sale = 475 So commission= 5% of 475

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Q: 1 30% of $40 is $

A: