Post Utme Futa 2022 General Studies Question 34

Practice objective / multiple choice question 34 from the 2022 Post Utme Futa General Studies examination.

Post Utme Futa 2022 General Studies Objective / Multiple Choice
Question 34 POST_UTME_FUTA • 2022 • GENERAL STUDIES • objective

A company in Nigeria is considering investing in a new project. The project has a 30% chance of generating a profit of ₦15 million and a 70% chance of generating a loss of ₦3 million. What is the expected value of the project?

Answer Options

A. ₦3.5 million
Correct Answer B. ₦4 million
C. ₦4.5 million
D. ₦5 million
Correct Answer
B
Correct Option:
₦4 million

About This Question

This is Post Utme Futa 2022 General Studies Question 34. It is one of the objective questions from the 2022 Post Utme Futa General Studies examination.

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