The formula for probability is [tex]\frac{number of ideal outcomes}{number of possible outcomes}[/tex]. Because there are 8 $20 bills, there are 8 ideal outcomes and 20 possible outcomes. THis gives us [tex]\frac{8}{20}[/tex] which can be simplified to [tex]\frac{2}{5}[/tex].
The answer is 2/5 or 0.4 or 40%.
Answer:
2/5
Explanation:
There are 5+7+8 = 20 total bills.
Out of these, 8 are twenty-dollar bills.
The probability of choosing 1 twenty-dollar bill is then 8/20, which simplifies to 2/5.
