Post Utme Unilag 2024 General Studies Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Unilag General Studies examination.

Post Utme Unilag 2024 General Studies Objective / Multiple Choice
Question 30 POST_UTME_UNILAG • 2024 • GENERAL STUDIES • objective

A company is considering investing in a new project. The project has a 10% chance of generating a profit of ₦100,000 and a 90% chance of generating a loss of ₦50,000. What is the expected value of the project?

Answer Options

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

About This Question

This is Post Utme Unilag 2024 General Studies Question 30. It is one of the objective questions from the 2024 Post Utme Unilag General Studies examination.

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