A) Rs. 1215
B) Rs. 1350
C) Rs. 1500
D) Rs. 1650
Correct Answer: C
Solution :
Let net pay of an employee \[=Rs.100\] After contributing 10%, then pay \[=Rs.\,90\] When Rs. 90 is net pay, then basic pay \[=Rs.100\] \[\therefore \] Rs. 13500 is net pay, then basic pay \[=\frac{100\times 13500}{90}=Rs.15000\] \[\therefore \] General provident fund \[=10%\times \text{basic pay}\]You need to login to perform this action.
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