Post Utme Babcock University 2018 General Studies Question 28

Practice objective / multiple choice question 28 from the 2018 Post Utme Babcock University General Studies examination.

Post Utme Babcock University 2018 General Studies Objective / Multiple Choice
Question 28 POST_UTME_BABCOCK_UNIVERSITY • 2018 • GENERAL STUDIES • objective

A company is considering investing in a new project. The project has a 20% chance of generating a profit of ₦100,000 and a 80% chance of generating a profit of ₦50,000. What is the expected profit from the project?

Answer Options

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

About This Question

This is Post Utme Babcock University 2018 General Studies Question 28. It is one of the objective questions from the 2018 Post Utme Babcock University General Studies examination.

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