Yes we can consider the order, but in that case also the result will be same. Because 2 will be multiplied both in the numerator and denominator.
Flaws in your procedure are in the second part.
abhishekg21 wrote:
...out of options availbale(1,1,5,5,10,10,20,20) we can have 20 or more in following ways
(1,20),(5,20),(10,20),(20,20),(10,10)
now ways of selecting the above options considering the order
(1,20) in =2*2 =4
(5,20) =2*2=4
(10,20)=2*2=4
(20,20)=2*1=2
(10,10)=2*1=2
so prob is =16/56=2/7
please tell me what is wrong in this approach ?
Considering the order (1,20), (5,20) and (10,20) can be selected in 8 ways not in 4 ways as there are 2 of each of them. Say for the pair (1,20), there are two $1 bill 1a and 1b, and two $20 bill 20a and 20b. Now considering the order, two of them can be selected in the following ways,
(1a,20a), (1a,20b), (1b,20a), (1b,20b), (20a,1a), (20a,1b), (20b,1a) and (20b,1b).
Therefore,
(1,20) in = 2*2*2 = 8 ways
(5,20) = 2*2*2 = 8 ways
(10,20)= 2*2*2 = 8 ways
(20,20)= 2*1 = 2 ways
(10,10)= 2*1 = 2 ways
So probability = (8+8+8+2+2)/56 = 28/56 = 1/2.