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A person has purchased a old building in vacant possession on a land measure 170 sq m having total plinth area 110 sq m for an amount of Rs. 11,00,000.
written 8.4 years ago by gravatar for teamques10 teamques10 ★ 68k •   modified 8.4 years ago

Mumbai University > CIVIL > Sem 7 > Quantity survey Estimation and valuation

Marks: 10 M

Year: Dec 2013
quantity survey estimation and valuation
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Numercal is not compltly solved.... Ques. Is olso nt cmpltd...

8.0 years ago by teamques10 ★ 68k
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written 8.4 years ago by gravatar for teamques10 teamques10 ★ 68k •   modified 8.4 years ago

$$\text{Purchase price} = Rs. 1100000$$

$\text{Land Price}$ $= \text{land rate × area of land} \\ = 3200 \times 170 \\ =Rs. 544000.$

$\text{Building price}$ $= \text{Total plinth area x plinth rate} \\ = 110 x 9000 \\ = 990000$

$Total rate$ $= 990000 + 544000 \\ = 1534000 \gt \text{Purchase price}$

Hence it is a profit.
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