Numerical Test Question 100 – Contractor invoice deductions
Scenario
A contractor bills for three work packages. A performance deduction is applied to the labour charge for each package. Approved travel expenses of £2,400 are then added and are not subject to any deduction.
| Work package | Days billed | Daily rate | Performance deduction |
|---|---|---|---|
| A | 18 | £850 | 0% |
| B | 22 | £720 | 5% |
| C | 15 | £960 | 8% |
Question
What is the final amount payable to the contractor?
- A. £46,596
- B. £47,340
- C. £45,996
- D. £45,196
Click to reveal the answer
Correct answer: C. £45,996
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