Correct Answer - Option 1 : 15%
- It is the determination of the cost of each construction work per unit quantity.
- This cost includes the cost of materials, labor, machinery, contractor's profit, etc.
Following Rate analysis is mainly done in civil engineering:
- Rate Analysis of Earthwork
- Rate Analysis of Brick
- Rate Analysis of Concrete
- Rate Analysis of Plaster
During rate analysis of brickwork or masonry work, 15 % on items marked is added for contractor's profit.