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As7 Illustration 2 Given material costs have increased by 40% due to short supply the total increase in material cost due to 40% escalation is 80 lakh. In Solution: How did they come up with 0.40 crore for material cost recovery ? 0.40 crore is 20% of what?

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Asked by Charuswetha24 Jul 2024375 views

2 answers

  1. Suraj · 24 Jul 2024

    It means 40% increase in material costs 80 lakhs but it is extent to 20% which is 40 lakhs(40% or 80 lakhs and its 50%, i.e. , 40 lakhs)

  2. Ajay · 24 Jul 2024

    View attached PDF
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