At the Counterfeiters' Club...

The Counterfeiters' Club is having a lottery. There are two prizes. Every member of the Club submits exactly one entry, and these entries are stored in a box.

After this is done, Fred the Forger forges 6 extra entries with his name on them and sneaks them into the box. He is the only member of the Club to sneak in extra entries for himself.

The chances of Fred winning both prizes, and his forgery thus being discovered, is exactly 7%.

How many people are members of the Counterfeiters' Club?


The answer is 19.

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1 solution

Denton Young
Jul 31, 2015

Fred has submitted a total of 7 entries. Let there be x members of the Club other than Fred. Each of them has submitted exactly one entry, so there are x additional entries.

The chance of Fred winning both prizes is ( 7 / ( 7 + x ) ) ( 6 / ( 6 + x ) ) = 0.07 (7/(7 + x)) * (6/(6+x)) = 0.07

42 / ( ( 7 + x ) ( 6 + x ) ) = 0.07 42/((7+x)(6+x)) = 0.07

1 / ( ( 7 + x ) ( 6 + x ) ) = 1 / 600 1/((7+x)(6+x)) = 1/600

( 7 + x ) ( 6 + x ) = 600 (7+x)(6+x) = 600

x = 18

So there are 18 additional members of the Club, plus Fred makes a total of 19 \boxed{19} members.

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