【Daily Question】【Civil Engineering Version 20170512】
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This post was last edited by hesonchang214 on 2017-5-13 at 13:42. Reward for participation: 2 wealth points. Correct reward: 6 wealth. The contract value for a certain project is 10 million yuan. The contract stipulates that price adjustments in case of changes in market conditions shall be made using the price index method, with a fixed component accounting for 0.3 of the total contract value. The factors that influence price adjustments are labor costs, steel, and cement; these account for 0.2, 0.15, and 0.35 of the contract value respectively. At the time of settlement, the price indices increased by 20%, 15%, and 25% respectively. What is the actual change in the cost of this project in million yuan? A. 125 B. 150 C. 175 D. 200 Answer: B
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