Question

An employee is required to contribute $10$% of his pay to General Provident Fund. If he get $Rs.13,500$ as net pay in a month, then what is the monthly General Provident Fund contribution (assuming no other deductions)?

• A. $Rs.1215$
• B. $Rs.1350$
• C. $Rs.1500$
• D. $Rs.1650$

Answer 1

The correct option is C $Rs.1500$

Let pay be $Rsx$
Then $x-10$% of $x=13500$
i.e. $90$% of $x=13500$
$1$% of $x=\frac{13500}{90}=150$
$\Rightarrow 10$% of $x=rs.1500$
or contribution to GPF $=Rs.1500$