Basic Probability Formulas

Probability can simply be defined as the possibility of the occurrence of an event.

It is expressed on a linear scale from 0 to 1. There are three types of probability :
theoretical probability, experimental probability, and subjective probability.
P(A) = n(A)/n(S)
Where,
P(A) is the Probability of an Event.
n(A) is the Number of Favourable Outcomes
n(S) is the Total Number of Events

Basic Fraction Formula

A fraction is a number expressed with integers in which a numerator is divided by
the denominator. A fraction is basically the quotient of a division.
 (a + b/c) = [(a × c) + b]/c
 (a/b + d/b) = (a + d)/b
 (a/b + c/d) = (a × d + b × c)/(b × d)
 a/b × c/d = ac/bd
 (a/b)/(c/d) = a/b × d/c

Basic Percentage Formula

A percentage is a numerical value or ratio expressed as a fraction of 100. It is
generally symbolized by the sign %.
Percentage = (Given Value/Tota