The cost of a 15 year old builing per square meter area of its plinth area is Rs. 1055.00. Consider 8 percent escalation in the price and calculate the estimated cost of the proposed building of area 1000square meter.
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Answer:
The answer is 1,139,000Rs
Step-by-step explanation:
8% in 1055 is 84 ....[(84/100)×8
.
1055+84 gives the escalated price
.
So the escalated price is 1139Rs per square metre
.
Now we have to find for 1000 square metres
So we have to multiply by 1000
So:-
1000×1139
this gives our answer which is=113900rs
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