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# MTH302 (Spring 2015)

Section D

Question 1:

If basic Salary of an employee is Rs. 20,000 per month, then calculate the amount of

1. Utilities Allowance (12%)
2. House rent (35 %)
3. Miscelleneous Social charges (6%)
4. Medical/Group insurance (7.5%)

Clearly stating calculation of which is based on gross salary and which are based on basic salary.

Question 2:

Sales of an outlet on Saturday were 25,000, which grew up 35,000 on Sunday. Calculate the percentage change. Also, write down the steps performed on excel.

Question 3:

Ali started working in an organization with an earning of 15,000 rupees per month. His organization signed a three year collective agreement that provided for wage increases of 3.5%, 5.5% and 7.5% in successive years. What should be his earning per month at the end of the term of contract.

Question 4:

Payments of Rs. 8,500 were made at the end of each quarter into an account that pays an interest of 11% compounded quarterly. How much will be in that account after five years?

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### Replies to This Discussion

kindly solve someone plz

I think we are required to solved section C

 Assignment#2 Dated: May 19, 15 Dear student,  Assignment 1 has been given as an initiative to develop understanding of questions you may be asked. This assignment 1 is ungraded (its marks will not have any effect on your final result). You are free, either to submit it or not. A new next assignment 2 is being given and it is graded. You are to solve only section C of Assignment 2.

Our main purpose here discussion not just Solution

We are here with you hands in hands to facilitate your learning and do not appreciate the idea of copying or replicating solutions.

salam bro/sister

each and every student is given individual sections to be solved, to avoid cheating may be,

assignment one is not graded as it's just for practice purpose. we have to solve it but don't need to submit, as it will be ignored by the instructor.

Qaiser Iqbal

e.mail moeeni786green@yahoo.com

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