If $p:q$ is the odds in favor of an event, then the probability of that event is -
Options
A$p/q$
B$q/p+q$
C$p/p+q$
DNone of these
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ProbabilityMTP June 24 Series IIIQuestion 3310 of 149
All Questions Correct Answer
✅ Option c — $p/p+q$
All Options:
- A$p/q$
- B$q/p+q$
- C$p/p+q$
- DNone of these
About This Chapter: Probability
Paper
Paper 3: Quantitative Aptitude
Weightage
5-7 Marks
Key Topics
Probability Operations, Expected Value
A logic-heavy chapter dealing with random experiments, events (mutually exclusive, exhaustive), set theory probability, conditional probability, and Bayes' Theorem. It forms the basis for Theoretical Distributions.
View Official ICAI SyllabusExam Strategy Tip
Always draw a quick Venn Diagram or tree when faced with 'At least one' or 'Only A but not B' wording. It saves you from double-counting.
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