Post Utme Abu 2021 General Studies Question 13

Practice objective / multiple choice question 13 from the 2021 Post Utme Abu General Studies examination.

Post Utme Abu 2021 General Studies Objective / Multiple Choice
Question 13 POST_UTME_ABU • 2021 • GENERAL STUDIES • objective

A company is considering investing in a new project. The project has a 10% chance of generating a profit of ₦100,000 and a 90% chance of generating a profit of ₦50,000. What is the expected value of the project?

Answer Options

A. ₦60,000
B. ₦70,000
Correct Answer C. ₦80,000
D. ₦90,000
Correct Answer
C
Correct Option:
₦80,000

About This Question

This is Post Utme Abu 2021 General Studies Question 13. It is one of the objective questions from the 2021 Post Utme Abu General Studies examination.

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