Question
Download Solution PDFA contractor agreed to build 30 temporary sheds in 90 days at a price of Rs. 10000/unit. Twenty days later, the contractor has finished 8 sheds with an actual total cost of
Rs. 85000. What is the status of the project?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFExplanation:
∵ Contractor agreed to build 30 sheds in 90 days
means 1 shed complete in 3 days
Price of 1 shed is Rs. 10000
So, 8 Shed complete in 24 days while contractor take only 20 days means the project is time under run.
Price of 8 shed = 8 × 10000 = 80000, whlie contractor has finished 8 shed with an actual cost of Rs. 85000 means the project is cost overrun.
Last updated on Jul 8, 2025
-> MPPSC AE exam date 2025 will be conducted in July.
-> Successfully registered candidates will be issued the MPPSC Assistant Engineer admit card 2025.
-> MPPSC AE 2025 Notification was released on 31st December, 2024. Candidates can apply online starting from 14th March to 13th April, 2025 (12:00 pm).
-> A total of 23 vacancies of Assistant Engineers (AE) in the Civil, Mechanical and Electrical disciplines have been announced.
-> Candidates will be shortlisted on the basis of the MPPSC State Engineering Services Exam.
-> Candidates who will be selected will finally get a salary range between Rs. 15,600 to RS. 39,100/-.
-> With Degree in Engineering as the basic educational qualification, it is a great opportunity for various job seekers.
-> Candidates appearing in the exam can refer to the MPPSC AE syllabus and exam pattern for their preparations.
-> Applicants can practice MPPSC AE previous year question papers to ace the exam with a good score.