Which of the following is the correct formula to calculate House Rent Allowance (HRA) in a spreadsheet?

[2 marks]

HRA = BEP * (Applicable Rate of HRA for the Year)

No worries! We‘ve got your back. Try BYJU‘S free classes today!

HRA = BPE * (Applicable Rate of HRA for the Month)

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

HRA = TE * (Applicable Rate of HRA for the Month)

No worries! We‘ve got your back. Try BYJU‘S free classes today!

HRA = DA* (Applicable Rate of HRA for the Month)

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B HRA = BPE * (Applicable Rate of HRA for the Month)
House Rent Allowance (HRA) is an amount paid to facilitate employees in acquiring on lease of residential accommodation. HRA = BPE * (Applicable Rate of HRA for the Month)

Suggest Corrections

Similar questions

\frac{4}{9}

\frac{2}{9}

\frac{5}{9}

25

Join BYJU'S Learning Program