We present a new randomized algorithm for checking the satisfiability of a conjunction of literals in the combined theory of linear equalities and uninterpreted functions. The key idea of the algorithm is to process the literals incrementally and to maintain at all times a set of random variable assignments that satisfy the literals seen so far. We prove that this algorithm is complete (i.e., it identifies all unsatisfiable conjunctions) and is probabilistically sound (i.e., the probability that it fails to identify satisfiable conjunctions is very small). The algorithm has the ability to retract assumptions incrementally with almost no additional space overhead. The key advantage of the algorithm is its simplicity. We also show experimentally that the randomized algorithm has performance competitive with existing deterministic symbolic algorithms.