We read your photo as:

Summarize notes on factors affecting tender price, including material and labor costs, and basic conversions.

Business/Management

ScanSolve AI Answer

Here's a summary of your notes on factors affecting tender price:

First, your notes show some basic conversions and rate examples:

  • 10 kilometers = 10,000 meters
  • 50 kilometers = 50,000 meters
  • 60 kilometers = 60,000 meters
  • 1 book = 200
  • 2 books = 400
  • 3 books = 600
  • 4 books = 800

Now, regarding the Factors affecting Tender price:

Tender price is the amount a contractor or supplier submits as a bid to complete a project or supply goods. This price is not fixed randomly; it is influenced by several important factors.

The factors discussed in your notes are:

  1. Cost of materials: The prices of materials such as concrete, timber, and sand have a major impact on tendering pricing. When a material cost rises in a market, a contractor is forced to increase the tender price to cover expenses.
  2. Labour cost: The wages paid to workers, professionals, and technicians also affect the total price. A higher labour cost will result in a higher tender price.
Was this helpful?

Still stuck on this one?

Ask a follow-up, and the answer starts from this question.

Got a different question?Ask your own question
Handwritten step-by-step solution preview

Handwritten Step-by-Step Solution

Get this as a handwritten image on WhatsApp — like a tutor wrote it for you.

Try on WhatsApp