Post Utme Ims U 2021 General Studies Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Ims U General Studies examination.

Post Utme Ims U 2021 General Studies Objective / Multiple Choice
Question 32 POST_UTME_IMS_U • 2021 • GENERAL STUDIES • objective

A company is considering investing in a new project. The project has a 20% chance of generating a profit of ₦100,000 and a 80% chance of generating a profit of ₦50,000. What is the expected value of the project?

Answer Options

A. ₦60,000
Correct Answer B. ₦70,000
C. ₦80,000
D. ₦90,000
Correct Answer
B
Correct Option:
₦70,000

About This Question

This is Post Utme Ims U 2021 General Studies Question 32. It is one of the objective questions from the 2021 Post Utme Ims U General Studies examination.

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