(a) A box contains 40 identical discs which are either red or white. If the probability of picking a red disc is \(\frac{1}{4}\); Calculate the number of (i...

(a) A box contains 40 identical discs which are either red or white. If the probability of picking a red disc is \(\frac{1}{4}\); Calculate the number of (i) white discs ; (ii) red discs that should be added such that the probability of picking a red disc will be \(\frac{1}{3}\).

(b) A salesman bought some plates at N50.00 each. If he sold all of them for N600.00 and made a profit of 20% on the transaction, how many plates did he buy?