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| Q. |
The formula for calculating gratuity is |
| A. | gratuity = (monthly salary/25) x 15 x no. of years of service |
| B. | gratuity = (monthly salary/30) x 15 x no. of years of service |
| C. | gratuity = (monthly salary/26) x 15 x no. of years of service |
| D. | gratuity = (monthly salary/15) x 15 x no. of years of service |
| Answer» C. gratuity = (monthly salary/26) x 15 x no. of years of service | |
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