The table provided displays the estimated cost (in ₹ lakh) for the construction of a canal between two points.
Based on the information in the table, answer the questions that follow.
After preparing the estimate, the provision for contingencies is deemed inadequate and is therefore doubled. By how much percentage does the total estimate increase?
Solution
First, let us note down the table and find out the sum of the costs across the rows and columns:
If the exigencies double, the expense increases by 37.8 => The required % increase in expenses = 37.8/1088.5 * 100 = 3.4726 [Option-B]
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