MCQOPTIONS
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				| 1. | 
                                    If the amount of work certified is less than………of the contract price,then no profit should be taken to Profit & Loss Account. | 
                            
| A. | 20% | 
| B. | 25% | 
| C. | 33 1/3% | 
| D. | 40% | 
| Answer» C. 33 1/3% | |