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Quantitative Aptitude :: Probability - Discussion

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Choose the correct option.

In a bid two firms A and B competing against each other.If the probability of bid amount quoted by B being lower than that of A is 0.8 and if it is known that the bid is won by the ones who quotes the lowest price,what is the probability that A wins the bid?

A0.8

B0.004

C0.2

D0.001

Answer: Option (Login/Signup)

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