Civil Engineering > GATE 2021 SET-1 > Construction Management
The direct and indirect costs estimated by a contractor for bidding a project is INR 160000 and INR 20000, respectively. If the mark up applied is 10% of the bid price, the quoted price (in INR) of the contractor is
A
200000
B
198000
C
196000
D
182000

Correct : a

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Related Topics

civil engineering GATE 2021 bidding project costs direct indirect costs markup contractor price civil engineering questions construction cost estimation mark up on bid price civil engineering calculations

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