Post Utme Oau 2022 General Studies Question 38

Practice objective / multiple choice question 38 from the 2022 Post Utme Oau General Studies examination.

Post Utme Oau 2022 General Studies Objective / Multiple Choice
Question 38 POST_UTME_OAU • 2022 • GENERAL STUDIES • objective

A company is considering investing in a new project. The project has a 30% chance of generating a profit of ₦300,000 and a 70% chance of generating a loss of ₦50,000. What is the expected value of the project?

Answer Options

A. ₦5,000
B. ₦10,000
Correct Answer C. ₦15,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦15,000

About This Question

This is Post Utme Oau 2022 General Studies Question 38. It is one of the objective questions from the 2022 Post Utme Oau General Studies examination.

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