1.
Study the table and answer the given questions –
Data related to salary structure of 5 individuals from different organisations in March.
Note: (i) Total Deduction = Provident Fund Deduction (which is 10% of basic salary) + Other deduction
(ii) Net Salary = Basic Salary + Total Allowance – Total Deduction
(iii) Few values are missing in the table (indicated by -). A candidate is expected to calculate the missing value, if it is required to answer the given question, on the, basis of the given data and information.If other deduction of P was Rs. 4,720, what was his net salary?
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By: anil on 05 May 2019 01.37 am
For P, other deduction = Rs. 4,720 Basic salary = Rs. 21,800 => Total deduction = Provident fund deduction (10% of basic salary) + other deduction = $$(frac{10}{100} imes 21800) + 4720$$ = $$2180 + 4720 = Rs. 6,900$$ $$ herefore$$ Net salary = $$21,800 + 28,600 - 6,900 = Rs. 43,500$$
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