Post Utme Ui 2020 General Studies Question 34

Practice objective / multiple choice question 34 from the 2020 Post Utme Ui General Studies examination.

Post Utme Ui 2020 General Studies Objective / Multiple Choice
Question 34 POST_UTME_UI • 2020 • 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 loss of ₦50,000. What is the expected value of the project?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Ui 2020 General Studies Question 34. It is one of the objective questions from the 2020 Post Utme Ui General Studies examination.

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