Answer:
The probability of selecting the color of ball that you just selected(a red ball) is 

Explanation:
From the question we are told that 
 The total number of colored balls is n = 10
 The number of red balls is r = 2 red 
 The number of white ball is w = 4 
 The number of blue balls is b = 4 
 The number of balls to be selected is N = 2 balls 
 The cost of playing picking a ball is c = $10 
 The winnings is 

Here P(A) is the probability of obtaining the exact sequence of result and from the question it is P(A) = 0.10 
Generally my price according to the question is 
 

=> 

Let assume we selected a red ball 
 Generally the probability of selecting a red ball is mathematically represented as 
 
