Last wages Rs 52,000 a month, 7 completed years. Gratuity payable?
ARs 1,82,000
BRs 2,40,000
CRs 2,10,000
DRs 3,64,000
Answer & Solution
Correct answer: C. Rs 2,10,000
Fifteen days' wages = 52,000 / 26 x 15 = Rs 30,000 per year, and for 7 years this is Rs 2,10,000.
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