An officer's pension on retirement from service is equal to half the average salary during the
last 36 months of his service. His salary on 30-9-1994 is 3,800 per month, with his annual increment of Rs.400 from 1-10-1994, 1-10-1995 and 1-10-1996. If he retires on 1-1-1997, wha
pension will he draw?
[Ans. Rs. 2,150]
Answers
Answered by
0
Answer:
sorry I don't understand this question
Answered by
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Answer:
Step-by-step explanation:
The total amount of salary received from 01-09-1994 to 30-09-1994 = 3800*9=34200.
The total amount of salary received from 01-10-1994 to 30-09-1995 = 4200*12=50400 (as salary increased from 3800 to 4200 on 01-10-1994 per month).
The total amount of salary received from 01-10-1995 to 30-09-1996 = 4600*12=55200 (as salary increased from 4200 to 4600 on 01-10-1995 per month).
The total amount of salary received on months October,November,December of year 1996 =5000*3=15000.
total amount of salary received for 36 months=34200+50400+55200+15000=154800.
the average of officer's salary =154800/36=4300.
the pension he will draw=4300*(50/100) = 2150.
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