Computer · Estimation and Costing
As per standard Indian specifications, what percentage of the total material and labour cost is generally added as contractor's profit in the analysis of rates?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 110% of total material and labour cost✓
- 210% of total material cost
- 320% of the total material cost
- 420% of the total material and labour cost
Correct answer
10% of total material and labour cost
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