Q667
An employee engaged in an industrial establishment draws wages on Rs. 20,000 per month. What is the amount of bonus he shall be entitled to, if it is to be paid at the rate of 9% by the employer for an accounting year under the provisions of the Payment of Bonus Act, 1965?
A.
Rupees seven-thousand five hundred sixty only
B.
Rupees eighteen thousand only
C.
Rupees eight thousand one hundred thirty only
AnswerD.
Rupees ten thousand six hundred forty only
Answer: Option C
Solution
Answer: Option C
No explanation is given for this question Let's Discuss on Board