Post Utme Futo 2024 General Studies Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Futo General Studies examination.

Post Utme Futo 2024 General Studies Objective / Multiple Choice
Question 32 POST_UTME_FUTO • 2024 • GENERAL STUDIES • objective

A company is considering two investment options: Option A has a 20% chance of returning ₦1,000,000 and a 80% chance of returning ₦0, while Option B has a 50% chance of returning ₦500,000 and a 50% chance of returning ₦0. Which option has a higher expected return?

Answer Options

A. Option A
Correct Answer B. Option B
C. Option C
D. Option D
Correct Answer
B
Correct Option:
Option B

About This Question

This is Post Utme Futo 2024 General Studies Question 32. It is one of the objective questions from the 2024 Post Utme Futo General Studies examination.

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