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The formula for calculating gratuity for non-government employees covered by the Payment of Gratuity Act is: Gratuity = 15 * Last drawn salary * Number of years of service / 26 Where, Last drawn salary is the average salary of the employee for the last 12 months of service. Number of years of service is the total number of years of service with the employer. 26 is the number of days in a month. Therefore, 15 days salary is to be computed by dividing the monthly salary by 26.
What is the total of the monthly amount Mr. Sumit spends on his family and the monthly amount he spends on other households expenses?
What will be the Profit of Anuj is approximately what percent of total profit?
Suppose 'David' have 200% more than initial investment of Chintu for a year. What will be the total interest earned by him if he invested his amount in ...
The monthly amount spent on loan instalments is what percent of his household expenses?