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Q: A person starting with 64 rupees and making 6 bets, wins three times and loses three times, the wins and loses occurring in random order. The chance for a win is equal to the chance for a loss. If each wager is for half the money remaining at the time of the bet, then the final result is:

A. A gain of Rs. 27
B. A loss of Rs. 37
C. A loss of Rs. 27
D. A gain of Rs. 37
Answer» C. A loss of Rs. 27


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