Question

An overhead tank of capacity 50,000 litres is to be built in a society. What will be the preliminary estimate of the project if the per litre cost is Rs. 3?
1. Rs. 15,00,000
2. Rs. 100,000
3. Rs. 75000
4. Rs. 1,50,000

Answer 1

Correct Answer - Option 4 : Rs. 1,50,000

Calculation:

Given data

The capacity of overhead tank = 50000 litres

Per litre cost(Rs.) = 3 

The preliminary estimate(Rs.) of the project is

= The capacity of the overhead tank(in litres) \(\times\) Per litre cost(Rs.)

= 50000 \(\times\) 3 = 150000

The preliminary estimate of the project is Rs. 150000.