Solution:
Solution
Given, Odds in favour of four horses $$A,B,C,D$$ are $$1:3,1:4,1:5,1:6.$$
The probability of winning the horse A, $$P(A)=\dfrac{1}{4}$$
The probability of winning the horse B, $$P(B)=\dfrac{1}{5}$$
The probability of winning the horse C, $$P(C)=\dfrac{1}{6}$$
The probability of winning the horse D, $$P(D)=\dfrac{1}{7}$$
The probability that one of the horse winning the race $$=(P(A)+P(B)+P(C)+P(D))$$
$$=(\displaystyle\frac{1}{4}+\frac{1}{5}+\frac{1}{6}+\frac{1}{7})$$
$$=\displaystyle\frac{(210+168+140+120)}{840}=\frac{319}{420}$$