In this article, let us work out the cost of M15 grade concrete.
All the calculation part of the material required for concrete is covered in the separate article. So, before proceeding further, you have to go through that article 👇
A. Material cost:
The average ongoing market rate in India is considered for calculation purposes.
B. Labor cost :
The labor rate for concrete ranges from INR 900/- to 1400/- per CUM.
Let us take the average rate of INR 1150/- for the calculation purpose.
Now, let us calculate the cost of the M15 grade concrete per CUM in the table format.
Sl. no. Item. Qty. Rate. in INR. Unit. Cost in INR. 1. Cement 6.336 380/- Bags 2407.68 2. Sand 15.54 60/- Cu ft 932.40 3. Aggregate 31.08 48/- Cu ft. 1491.84 4. Curing Lump-sum 250.00 5. Miscellaneous Lump-sum 150.00 6.
The material cost = 5231.92 7.
Add 5% wastage = 261.60 8.
Total material cost = 5493.52 9.
Labour cost = 1150.00 10. The total cost of M15 grade concrete/ CUM = 6643.52
Note:
1. The quantity of materials in the table is taken from the above-said article.
2. To get accurate results, insert the ongoing market rate of labor & materials in your country.
The cost of M15 grade concrete per cu ft.
= [INR 6643.52/- ÷ 35.314]
( 1CUM = 35.314 cu ft.)
= INR 188.123/- per cu ft.
For contractor:
If the concrete work is handed over to any contractor, then you have to add 10% extra as profit.
The cost of M15 grade concrete done by a contractor
= [INR 6643.52/- + 10% of INR 6643.52/-]
= [INR 6643.52/- + INR 664.35/-]
= INR 7307.87/- per CUM.
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