Standard time 10 hours, actual time 8 hours, rate ₹50/hr. Rowan bonus equals:
A₹80
B₹100
C₹50
D₹40
Answer & Solution
Correct answer: A. ₹80
1. Time saved = 10 − 8 = 2 hours; time allowed = 10 hours; time taken = 8 hours.
2. Rowan bonus = (Time saved / Time allowed) × Time taken × Rate.
3. Substitute: (2/10) × 8 × 50 = 0.2 × 8 × 50 = ₹80.
4. Basic wage for time taken would add 8 × 50 = ₹400 separately.
_Source: ICAI BoS Inter Paper 3, Ch 3 "Employee Cost", §3.8.2 Illus 4_
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