Construction Planning and Management
An excavator costs Rs. 20,00,000 and has an estimated life of 8 years. It has no salvage value at the end of 8 years. The book value of the excavator at the end of 3 years using general double declining balance method is

Rs. 8,43,750
Rs. 10,50,000
Rs. 11,56,250
Rs. 8,75,000

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Construction Planning and Management
The reduction in project time normally results in

Increasing the direct cost and decreasing the indirect cost
Decreasing the direct cost and increasing indirect cost
Increasing the direct cost and indirect cost both
Decreasing the direct cost and indirect cost both

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