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The current erection cost of a structure is rs 13,200. If the labour wages per day increase by 1/5 of the current wages and the working hours decrease by 1/24 of the current period then the new cost of erection is-------
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- 16528.69 Rs.
If total labour works for 'd' days for wage= 'w' per day, then d*w=13200
New days required after decrease in working hours by 1/24 of the current = d*(24/23) and
New wages per day=1.2*w
So new cost=d*(24/23)*1.2*w=d*w*24*1.2/23=13200*24*1.2/23=380160/23=16528.69 - 8 years agoHelpfull: Yes(3) No(3)
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