The current erection cost of a structure is Rs. If the labour wages per day increase by of the current wages and the working hours decrease by of the current period, then the new cost of erection in Rs. is
View worked solution
Answer: B
The erection cost of a structure is directly proportional to both the daily labour wages and the total working period (duration).
Let be the initial daily wage and be the initial working period. The initial cost is given by:
According to the problem:
- The new daily wage increases by :
- The working period decreases by :
The new cost of erection is:
Thus, the new cost of erection is Rs. 15,180.
Free practice · Your answers on this page are not saved.
