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lets proceed in this way. Assume 4 envelops is E1,E2,E3 & E4 & 4 letters are L1,L2,L3 & L4
Total Number of way 4 letters can put in 4 Envelops 4! = 24
Now let suppose L1 put in correct envelope E1 than only 2 ways the remaing 3 letters can put in 3 envelops so NOT any letter put in correct envelope.
E1 E2 E3 E4 ------------------- L1 L4 L2 L3 -> In E2 only 2 letters can be put either L4 or L3, if L4 than only L2 can be put in E3 L1 L3 L4 L2 -> If L3 put into E2 than only L4 can be put in E3, because No Other envelope can get a correct letter.
So only 2 ways is [possible if E1 gets L1. This is true for each envelope-letter combination. So number of ways in which only 1 letter put into correct envelope is 2x4 = 8
Probability 8/24 = 1/3
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