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rajat

· started a discussion

· 1 Months ago

answer given is wrong (Question: 132230.4 )

the correct answer is 9.52

Question:

DIRECTION: Study the following table carefully and answer the questions that follow:


The table given below shows the estimated cost of various items (In Iakhs) In a construction project of a real estate company from 2009 to 2012. Study the table and select the most appropriate answers.

Year→

Item ↓

2009

2010

2011

2012

Cement

84

96

95

105

Steel

65

70

72

84

Brick

126

140

150

154

Tiles

32

27

36

40

Hardware

56

60

69

65

Electrical items

12

14

12

20

Other materials

25

31

34

33
If due to hike in the price of cement the actual cost in 2009 is 102% of the estimated cost, what is the percentage increase in the estimated cost of cement in that year?
Options:
A) 7.54 
B) 9.52
C) 11.65 
D) 12.5
E) 14.28
Solution:

Eastimated cost in 2009=400

Actual cost =408

Required %=(8/84)\(\times 100\)=  9.52%

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