GATE AR · 2017 · AR
Question 38: Construction and Management
Give it a try, then reveal the answer to check your work.
Question 38
ARNAT2 marksNeeds review
Fee of contractor for a project has the following provisions
• Basic fee = 15% of actual cost of work incurred
• Bonus = 20% of savings from estimated cost of work
• Penalty = 20% of cost overrun
If the estimated cost of the project is Rs. 60,000, and the actual cost is Rs. 70,000, then the total fee of contractor in Rupees is ________
Log in to check the answer
You can attempt this question now. Sign in to view the answer key, explanations and discussion.Log in to check answerEXPLORE & PRACTISE
Paper and topic context
See where this question comes from and choose what to practise next.
2017AR
GATE AR 2017 · Paper 1
Architecture and Planning · Original paper archive
- Section
- Architecture and Planning
- Question type
- Numerical answer (NAT)
- Marks
- 2 marks
Practise related topics
Explore more previous year questions using this question’s imported topic tags.
architecture
GATE AR previous year questions
urban planning
GATE AR previous year questions
built environment
GATE AR previous year questions
construction management
GATE AR previous year questions
Construction and Management
GATE AR previous year questions
Comments
Ask a question, share your approach, or help someone understand.
Log in to view the discussion
You’re not logged in. Log in or create an account to see discussions and add comments.