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Q10) A business evaluates a proposed ven...

Q10) A business evaluates a proposed venture as follows. It stands to make a profit of Rs. 10,000 with probability 3/20, to make profit of Rs. 5,000 with probability 9/20, to break even with probability 1/4 and to lose Rs. 5,000 with probability 3/20. The expected profi in Rs. is A ,500 B. 0 C.,500 D 3,000

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