Question
In which year was the Payment of Gratuity Act
enacted?Solution
The Payment of Gratuity Act was enacted in 1972 to provide a financial benefit to employees who retire or leave service after completing at least five years with an employer. This act ensures a lump sum payment as a gratitude for their service, aiding their financial stability postemployment.
A plot has to be divided among P, Q and R in the ratio 3:5:8 respectively. If the area of plot received by R is 4500m² more than the area of plot recei...
80 percent of first number is equal to 70 percent of the second number. What is the respective ratio of the first number to the second number?
A student bought 10 pencils and 8 pens at Rs 150. He sells pencil at 4%profit and pen at 7%profit. Overall, he gains Rs 9 Find the cost price of each pe...
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P, Q, and R began a business with their investments in the ratio 3:5:6. The profits were distributed in the ratio of 12:54:35 among P, R, and Q, respect...
The ratio of the incomes of Vineet and Vidya is 8:3 respectively. Vineet saves 30% of his income while Vidya saves 20% of his income. The sum of their e...
An alloy contains copper and zinc in the ratio 5 : 3 and another contains copper and tin in the ratio 8 : 5. If equal weights of the two are melted toge...
The ratio between the number of books and pencils is 8:5 and the ratio of cost of per book and pencil is 6:5 then find the percentage by which total cos...
The ratio of A’s age to B’s age is 5:7, and the sum of their ages after 6 years is 72 years. Find the present age of A.
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