Post Utme Lautech 2025 General Studies Question 36
Practice objective / multiple choice question 36 from the 2025 Post Utme Lautech General Studies examination.
A company is considering investing in a new project. The project has a 10% chance of failing and a 90% chance of succeeding. If the project succeeds, it will generate a profit of ₦100 million. If it fails, it will result in a loss of ₦50 million. What is the expected value of the project?
Answer Options
About This Question
This is Post Utme Lautech 2025 General Studies Question 36. It is one of the objective questions from the 2025 Post Utme Lautech General Studies examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.