math

A charity raffle offers a first prize of $1,000,000, a second place prize of $100,000 and a third place prize of $10,000. A total of 500 000 tickets will be sold. What price should be charged for a ticket in order for the charity to make a 60% profit on this raffle?

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  1. are the tickets returned, so that the same ticket could win more than once?

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  2. no

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    2. 👎

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