alleryStart learning →Wages Rs 26,000, service 8 years 7 months. Gratuity payable?
ARs 1,20,000
BRs 1,50,000
CRs 2,34,000
DRs 1,35,000
Answer & Solution
Correct answer: D. Rs 1,35,000
A part year over six months counts as a full year, so 9 years x (26,000 / 26 x 15 = 15,000) = Rs 1,35,000.
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