cost incurred to date Rs 1,20,000 to complete 60% of contract work architect's certificate was for 50% of contract price. work uncertified is..???
Answers
Answered by
1
Answer:
50×120000÷60=600000
Answered by
2
Answer:
Work uncertified is 20,000
Step-by-step explanation:
Given:
The cost incurred to date = Rs.1,20,000
percentage of the work completed = 60%
Work certified by the architect = 50%
We can find the answer by using the formula,
Cost uncertified work = Cost incurred to date × percentage of work uncertified / percentage of work done till date.
Percentage of work uncertified = Percentage of work done till date - the percentage of work certified.
i.e., Percentage of work uncertified = 60% - 50% = 10%.
Using the formula we have,
Cost uncertified work =
Cost uncertified work = Rs.20,000.
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