An employee is required to contribute 10% of his pay

Percentages

An employee is required to contribute 10% of his pay to General Provident Fund. If he gets ₹13,500 as net pay in a month, then what is the monthly General Provident Fund contribution (assuming no other deductions)?

  1. ₹ 1215
  2. ₹ 1350
  3. ₹ 1500
  4. ₹ 1650

Answer

Let his total salary including provident fund be = ₹ x.

So, we have x(1 - 0.1) = 13500

⇨ 0.9x = 13500

⇨ x = 15000

So, General Provident Fund = 0.1 × 15000 = 1500

The correct option is C.