The GATE Grind

GATE Plant Design and Economics: Process economics and cost estimation – Previous Year Questions

2 GATE previous year questions on Process economics and cost estimation (Plant Design and Economics, Chemical Engineering) with answers and explanations, from every paper.

  1. GATE 2023 CH Q64 (2 marks, Numerical answer) – The purchase cost of a new distillation column is Rs. 10 lakhs with an installation factor of 5.8. The cost of the capital is to be annualized over a…
  2. GATE 2025 CH Q26 (1 mark, Multiple choice) – The capital cost (CC) of an industrial equipment varies with its capacity (S) as CC S. The rule-of-thumb value of the exponent is