Question

Only 21% of the candidates who apply for an MBA program in a university are called for an interview, and only 5% of those who are called for an interview are offered admission. If the name of a candidate is picked at random from the list of all applicants, what is the probability that the candidate will finally be offered admission?

11.11%

15.11%

1.05%

1.01%

10.01%

Answer 1

I THINK ITS 1.05%