AAFM Chartered Trust & Estate Planner® (CTEP®) Certification Examination CTEP Question # 94 Topic 10 Discussion

AAFM Chartered Trust & Estate Planner® (CTEP®) Certification Examination CTEP Question # 94 Topic 10 Discussion

CTEP Exam Topic 10 Question 94 Discussion:
Question #: 94
Topic #: 10

Mr. Sumit has worked in a PSU for 14 years 7 months. His Terminal Wages are Rs. 45,000. He wants to know the Gratuity amount payable to him (assuming that he leaves the service today). It is_____________


A.

Rs. 3,89,423


B.

Rs. 3,50,000


C.

Rs. 3,63,462


D.

Rs. 3,15,000


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