Instructions

Study the table and answer the given questions –
Data related to salary structure of 5 individuals from different organisations in March.


Note: (i) Total Deduction = Provident Fund Deduction (which is 10% of basic salary) + Other deduction

(ii) Net Salary = Basic Salary + Total Allowance – Total Deduction
(iii) Few values are missing in the table (indicated by -). A candidate is expected to calculate the missing value, if it is required to answer the given question, on the, basis of the given data and information.

Question 139

If the respective ratio of Provident Fund deduction and other deduction and other deduction of S was 7 : 13, what was S’s other deduction ?

Solution

For S,

Let provident fund deduction = $$Rs. 7x$$

and other deduction = $$Rs. 13x$$

Basic salary = Rs. 11,200

=> Provident fund deduction = 10% of basic salary

=> $$7x = \frac{10}{100} \times 11200$$

=> $$7x = 1120$$

=> $$x = \frac{1120}{7} = 160$$

$$\therefore$$ S's other deduction = $$13 \times 160 = Rs. 2,080$$


Create a FREE account and get:

  • Banking Quant Shortcuts PDF
  • Free Banking Study Material - (15000 Questions)
  • 135+ Banking previous papers with solutions PDF
  • 100+ Online Tests for Free

cracku

Boost your Prep!

Download App