Question

    An employee working in an establishment draws a monthly wage of ₹ 9,000 as fixed under the Minimum Wages Act, 1948 and is eligible to get bonus under the Payment of Bonus, Act, 1965 for the accounting year 2021-22. The bonus payable is at the rate of 10%. If the employee has worked continuously for whole of the said accounting year, then what is the amount of bonus that shall be paid to the employee?

    A ₹ 7,000 Correct Answer Incorrect Answer
    B ₹ 8,400 Correct Answer Incorrect Answer
    C ₹ 10,000 Correct Answer Incorrect Answer
    D ₹ 10,800 Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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