Post Utme Al Hikmah University 2018 Commerce Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2018 Commerce Objective / Multiple Choice
Question 20 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • COMMERCE • objective

A company has a 10% chance of experiencing a loss due to a natural disaster. If the company's assets are valued at ₦1,000,000, what is the expected value of the loss?

Answer Options

Correct Answer A. ₦100,000
B. ₦200,000
C. ₦500,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Al Hikmah University 2018 Commerce Question 20. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Commerce examination.

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