A company gives Rs.25,000 bonus to each of its employees annually. If company increases their bonus ratio 5:4, what is the new bonus that did each person get?
Answer: Rs.31250
Explanation
Let's assume the new bonus is 5x and the old bonus is 4x. Given the old bonus is 25000, so 4x = 25000.
x = 25000 / 4 = 6250.
New bonus = 5x = 5 × 6250 = 31250.
This question appeared in
Past Papers (5 times)
ETEA 25 Years Past Papers Subject Wise (Solved) (2 times)
ETEA Past Papers (1 times)
KPK Teacher Past Papers SST PST CT TT PET (2 times)
This question appeared in
Subjects (1 times)
MATHS MCQS (1 times)
Related MCQs
- Shahid receives a bonus of Rs. 50 for every Rs. 500 worth of merchandise he sells Therefore the percentage (%) of his bonus is
- Bonus shares are issued out of:
- There are _____ views on the issue of giving bonus to employee.
- At a company, 1/10 of the employees work in the accounting department, 2/5 work in sales, 1/3 work in production, and the remaining 20 work in marketing. How many employees does the company have?
- The company officials felt the rising cost of health coverage was _____ enough to raise their employees' insurance premiums.
- Nokia, world's largest mobile making company, was purchased by which company?
- Which cost is typically included in the COGS of a manufacturing company but not a retail company?
- If the cash from operating activities consistently greater than the company's net income, the company's net earnings are of a/an ______ quality.
- Which company is oldest bicycle company in Pakistan?
- Which ratio indicates how efficiently a company uses its assets to generate revenue?