Post Utme Bowen University 2018 General Studies Question 41

Practice objective / multiple choice question 41 from the 2018 Post Utme Bowen University General Studies examination.

Post Utme Bowen University 2018 General Studies Objective / Multiple Choice
Question 41 POST_UTME_BOWEN_UNIVERSITY • 2018 • 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, a 20% chance of generating a profit of ₦50,000, and a 70% chance of generating a profit of ₦20,000. What is the expected profit from the project?

Answer Options

A. ₦30,000
B. ₦40,000
Correct Answer C. ₦50,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦50,000

About This Question

This is Post Utme Bowen University 2018 General Studies Question 41. It is one of the objective questions from the 2018 Post Utme Bowen University General Studies examination.

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