An employee is required to contribute 10% of his pay to general provident fund. If he gets rs. 13500 as net pay in a month, then what is the monthly general provident fund contribution (assuming no other deduction)? In math
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Answer:
Monthly provident fund contribution is Rs. 1500
Step-by-step explanation:
Let x be the gross pay of the employee.
Given:
Net pay he got = Rs. 13500
Deduction = Gross pay - Net pay
Deduction = x - 13500..............(1)
But,
Deduction=10% of gross pay
Now, (1) becomes
10% of x= x - 13500
By (1)
Deduction =15000-13500
Deduction =Rs. 1500
That is, provident fund contribution is Rs. 1500
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