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Due to overrun in design, the stage took 3 months, i.e., months 3, 4 and 5. the number of people working on design in the fifth month was 5. Calculate the percentage change in cost incurred in the fifth month. (Due to improvement in Coding technique, this stage was completed in month 6-8 only.)
Answer & Solution
Correct Answer:
Option
A
% change in the cost incurred in the fifth month,
$$\eqalign{
& = \frac{100000-40000}{40000}\times100 \cr
& = 150\% \cr} $$
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LoginThus cost =40000
Now 5th Month 5 persons at 20000 thus 100000
thus the %change =(100000-40000)/40000*100;