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Answer to Question #98996 in Finance for shahid

Question #98996
Suppose Mr. Arslan’s basic salary is Rs 12000. Calculate the allowances (House rent, utility bills, conveyance allowance). Also, find the provident fund and gratuity.
1
Expert's answer
2019-11-20T11:01:22-0500

If Mr. Arslan’s basic salary is Rs 12000, then his allowances (House rent, utility bills, conveyance allowance) will be lower than RS 12000 in case he don't face losses. But if his total of allowances is higher than Rs 12000, then he earns not enough to cover his costs.




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