Computer · Estimation and Costing
Which of the following statements is/are true for the approximate quantity method of estimation? Statement 1: The plan and details of the foundations and superstructure are required for determining the approximate quantities. Statement 2: The cost of the superstructure is worked out by multiplying the total length of all the walls with the per metre rate of the superstructure already determined.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement 1 and Statement 2 are true✓
- 2Both Statement 1 and Statement 2 are false
- 3Statement 1 is true, Statement 2 is false
- 4Statement 1 is false, Statement 2 is true
Correct answer
Both Statement 1 and Statement 2 are true
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