Post Utme Ims U 2019 General Studies Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Ims U General Studies examination.

Post Utme Ims U 2019 General Studies Objective / Multiple Choice
Question 13 POST_UTME_IMS_U • 2019 • GENERAL STUDIES • objective

A company wants to invest in a project that has a 20% chance of generating a profit of ₦1,000,000 and a 80% chance of generating a loss of ₦500,000. What is the expected value of this investment?

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Ims U 2019 General Studies Question 13. It is one of the objective questions from the 2019 Post Utme Ims U General Studies examination.

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