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In year 2012, the material index value at 100 and annual expenses of production unit towards material was Rs 15 lac. If material index value in 2020 is 166 the estimated material cost in 2020 will be-

16.6 lac

24.9 lac

28.4 lac

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Option B

24.9 lac

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Practice and solve "In year 2012, the material index value at 100 and annual expenses of production unit towards materia..." for Electrical - Economics for Engineers. The correct answer is Option B: 24.9 lac. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.

Option **(b) **

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