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The allowances of an empolyee constitutes 165% of his basic pay. If he receives ₹ 11925 as gross salary, then his basic pay is (in ₹) :
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- 4000
- 5000
- 4500
- 5500
Correct Option: C
Given that , Allowance % = 165% , Gross salary = ₹ 11925
Basic pay of the employee = Gross salary × | ||
100 + Allowance % |
Basic pay of the employee = 11925 × | = ₹ 100 | |
265 |