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The table below shows the estimated cost (in Rs. Lakh) of a project of laying a railway line between two places.
Question 63
What is the approximate ratio of the total cost of materials (cement, steel, bricks, building materials) for all the years to the total labour cost?
Solution
Total material for all the years will be = 250+175+43+64 = 532
Total labour cost for all the years = 65.1
Hence ratio will be $$\frac{65.1}{532}$$ nearly equal to 8:1.
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