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The rough cost estimate for a building having Plinth area and Plinth area rate as 700 square meter and 9000 Rs respectively is?
Add 15 % of the estimate as additional charges for public health and electric services also.
  • a)
    945000
  • b)
    724500
  • c)
    6300000
  • d)
    7245000
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
The rough cost estimate for a building having Plinth area and Plinth a...
Rough estimate of a building based on plinth area will be:
C1 = Plinth area x Plinth area rate
C1 = 700 x 9000 = 6300000 Rs.
Additional 15 % charges for public health and electric services,
C2 = 0.15 x 6300000 = 945000 Rs
Total rough estimate of the building = C+ C2
= 6300000 + 945000 = 7245000.
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Most Upvoted Answer
The rough cost estimate for a building having Plinth area and Plinth a...
Given:
Plinth area = 700 sq. m
Plinth area rate = Rs. 9000/sq. m

To find:
Rough cost estimate

Solution:

Rough cost estimate = Plinth area x Plinth area rate

= 700 x 9000

= Rs. 6,300,000

Additional charges for public health and electric services = 15% of the rough cost estimate

= 15/100 x 6,300,000

= Rs. 945,000

Total cost estimate = Rough cost estimate + Additional charges

= 6,300,000 + 945,000

= Rs. 7,245,000

Therefore, the correct option is (D) 7245000.
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