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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.
Seven years ago, 'R' and 'C' had ages in a ratio of 4:3, respectively. After seventeen years, the ratio of 'C' and 'R's ages will be 9:10, respectively....
The ratio of age of Sahil and his son is 7:2. If the difference of their ages 7 year ago was 25, then find the sum of ages of Sahil and his son 12 year...
The total age of A, B and C seven years hence will be 90 years. Find the age of C six years hence, if the present age of A and B is 39 years and 25 year...
A, B, C, D, and E are five friends who went on a picnic. Their average age is 43 years. The present age ratio of D to E is 4:5, and the present age rati...
Age of ‘A’ after 8 years will be three time of his age 20 years ago. Eight years hence from now, ratio of ages of ‘A’ and ‘B’ will be 2:3, r...
The present age ratio of A and B is 4:7. After 5 years, the ratio of their ages will be 5:8. Find the present age of B.
Four years ago, the combined ages of Linda and Joan was 56 years. Four years hence, the ratio of their ages will be 4:5. Find the current age of Linda.
Five years after a couple's marriage, a daughter was born. The average age of the family 3 years after the daughter was born is 24 years. Further 3 year...
Present age of ‘A’ is 40% more than that of ‘B’. If 14 years hence from now, ‘B’ will be 8 years younger than ‘A’, then find the sum of ...