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A house and lot was bought for a price of Php15,000,000.00. If land represents 20% of the total cost, the the cost of the land

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A house and lot was bought for a price of Php15,000,000.00. If land represents 20% of the total cost, the the cost of the land and building are Php32,000,000.00 respectively. What method is used in determining the cost of land and building? 0 Opinion value 0 Abstraction 0 Income approach 0 Ratio and proportion

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