This solution is just for idea and can be updated. If you find any problem or any suggestion just correct it and post it again. thanksView more random threads:
- CS401 Assignment No: 2 Computer Architecture and Assembly...
- MGT401 Financial Accounting Assignments No:2 Solution...
- CS602 Computer Graphics Assignment No. 01 Solution and...
- MGT602 Entrepreneurship Assignment No. 1 Idea Solution Fall...
- FIN622 Solution May 11,2010
- MGT201 - Financial Management Assignment No. 1 Fall 2014...
- CS506 Web Design and Development Assignment No. 02 Solution...
- CS610 -Computer Network Assignment No. 01 Ideal Solution...
- FIN622_ Corporate Finance Assignment # 1 fall 2010 idea...
- STA630 Research Methods Assignments No: 2 Solution Ideas...
MTH302 (Fall 2010) Assignment # 1
Due date: 28-10-10
Question 1:
Basic Salary = 37000
Allowance = 22000
i.e. 22000/37000*100
59.64%
Taxable Allowance 59.64% - 50%
9.64%
22000-18500
3500
Taxable Income of Employee Basic Salary + Taxable Allowance
37000 + 3500
40500
Question 2:
Basic Salary 12000
House Rent Allowance 5400
Convenience Allowance 600
Utility Allowance 84
Gross Salary 18040
There are 12 casual, 24 earned and no sick leaves per year where as normal
working days per month are 26. Find the Gross remuneration of the employee.
Casual {(12/ (26 x 12)} x 118040 x 12 = ? Answer
Earned {(24/ (26 x 12)} x 118040 x 12 = ? Answer
Sick Nil
Question 3:
Sponsored Links
Amount of discount = d × L
Where, d = Percentage of Discount
L = List Price
Net Price = L – Ld = L(1 – d)
Net Price = List Price – Amount of Discount
Net Price = (1-d1)(1-d2)(1-d3)
9100(1-0.20)(1-0.10)(1-0.05)
100(0.8)(0.9)(0.95)
100(0.6840)
24.4
Amount of Discount 9100-6224.4
Answer 2875.6
Question 4:
325000 ( 1+ 0.09)^7
325000 (1.09)^7
325000 (1.828)
Answer = 594112.7
Question 5:
A=P (1+r) ^n-1
28000 (1+0.11) ^20*2
28000(1.11) ^20*2
28000(4.5260)
Answer = 154,728
Question 6:
First we will find out Amount of Change in Rs,
Initial Price – New Price
856-752
104
Change in %age
104/856*100
Answer = 12.149
Question # 7
n = 15
m =12
i = 5%
P . V = 9000
as we know that
F.V = P.V (1 + i /m) ^ n*m
F.V = 9000 (1 + 0.05/12)^ 15*12
F.V = 9000 (1.0041667 )^ 15*12
F.V = 9000 (2.11383 )
F . V = 19024.47
F.V = 192024.47 Answer
There are currently 1 users browsing this thread. (0 members and 1 guests)