Compute a conservative estimate of profit on a contract (which is 80% complete) from the following particulars. Illustrate at least four methods of computing the profit:

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(i) Total expenditure to date (ii) Estimated further expenditure to complete the contract (including contingencies) (iii) Contract price (iv) Work certified (v) Work uncertified (vi) Cash received Rs. 1,02,000 20,400 1,83,600 1,20,000 10,200 97,920