Civil Engineering MCQAE Level Civil Engineering

If concrete quantity is 5 m³ and rate is Rs. 5000/m³, amount is

Construction ManagementPYQ/PYQ-PatternMEDIUM

Choose the correct answer

A

Rs. 12500

B

Rs. 25000

C

Rs. 50000

D

Rs. 5005

Correct Answer

B. Rs. 25000

Why is this the answer?

Bill of quantities amount = measured quantity x unit rate (Rs.). In building estimation, cost = measured volume/area x analysis-of-rates unit cost. The abstract of cost aggregates all item amounts to give project total cost. Add GST and contractor overhead/profit to arrive at the contract (tender) value. Amount=quantity×rate=5×5000=Rs. 25000.

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