Post Utme Elizade University 2019 General Studies Question 21

Practice objective / multiple choice question 21 from the 2019 Post Utme Elizade University General Studies examination.

Post Utme Elizade University 2019 General Studies Objective / Multiple Choice
Question 21 POST_UTME_ELIZADE_UNIVERSITY • 2019 • GENERAL STUDIES • objective

A company in Nigeria is considering investing in a new project that will cost ₦500 million. The company expects to earn a profit of ₦200 million from the project, but there is a 20% chance that the project will not be profitable. What is the expected value of the project?

Answer Options

A. ₦400 million
Correct Answer B. ₦420 million
C. ₦440 million
D. ₦460 million
Correct Answer
B
Correct Option:
₦420 million

About This Question

This is Post Utme Elizade University 2019 General Studies Question 21. It is one of the objective questions from the 2019 Post Utme Elizade University General Studies examination.

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