Answer:
Option E
Explanation:
Estimated cost of furniture and miscellaneous expenditure
= {13+8100×120000} = 25200/-
Actual cost of furniture
= 88100×13100×120000
= 13728/-
Actual cost of furniture and miscellaneous expenditure =
(13728 + 10200) = 23928/-.
Total amount spent in renovating the house = (120000 - 25200 + 23928) = 118728/-.