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Iift 2012 Question 28

This is a detailed step-by-step solution for Iift 2012 Question 28. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT 2012

Explanation:
The probability that the LPG will last atmost 90 days = 0.6
Thus, the probability that the LPG will last more than 90 days = 0.4
The probability that the LPG will last more than 60 days = 0.8 = The probability that the LPG will last 60 to 90 days + The probability that
the LPG will last more than 90 days
Hence, 0.4 + The probability that the LPG will last 60 to 90 days = 0.8
Hence, The probability that the LPG will last 60 to 90 days = 0.8- 0.4 = 0.4
Hence, option A is the correct answer.

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