A contract in which the contractor is given the lost of work done plus a certain percentage for profit is called ……………………. | Faculties

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📊 Applied Cost Accounting

Q. A contract in which the contractor is given the lost of work done plus a certain percentage for profit is called …………………….

(A) Cost plus contract
(B) Sub contract
(C) Fixed price contract
(D) none of these

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✅ Correct Answer: (A) Cost plus contract

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