railway RRB JE (CBT I + CBT II) Mock Test 2024 Estimating, Cost and Valuation Measurement

Which among the following depicts the correct relationship for work value?

1
actual expenditure + contingency + work establishment + profit + other miscellaneous charges
2
Total estimate + contingency + work establishment - profit - other miscellaneous charges
3
Total estimate - contingency - work establishment + profit + other miscellaneous charges
4
Total estimate - contingency - work establishment - profit - other miscellaneous charges
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