On a game show, a contestant randomly chooses a chip from a bag that contains numbers and strikes. The theoretical probability of choosing a strike is 1/5. The bag contains 8 strikes. How many chips are in the bag?

Let x be the number of chips.
[tex]\frac{8}{x}=\frac{1}{5}[/tex]
x = 40
The answer is: There are 40 chips in the bag.