Calculation Of Income Tax

 Calculation of income tax (for salaried person and excluding house rent allowance) Salary is made up of various components such as:   Basic salary,    House rent allowance (HRA),   Special allowance Other allowances, reimbursements etc.   However, not all of the amount received as salary is fully taxable. A part of it … Read more Calculation Of Income Tax

Discounts

 Discount   The discount is referred to the reduction in the price of some commodity or service. It may anywhere appear in the distribution channel in the form of modifications in marked price (printed on the item) or in retail price (set by retailer usually by pasting a sticker on the item) or in list price (quoted for the buyer). The discount … Read more Discounts

Discounts

 Discount   The discount is referred to the reduction in the price of some commodity or service. It may anywhere appear in the distribution channel in the form of modifications in marked price (printed on the item) or in retail price (set by retailer usually by pasting a sticker on the item) or in list price (quoted for the buyer). The discount … Read more Discounts

Calculation Of Interest On

 calculation of interest on/in savings account, fixed deposit account and recurring deposit account Saving account Interest rate calculation Formula  Daily interest = Amount (Daily balance) * Interest (3.5/100) / days in the year. Earlier method of interest rate calculation   Earlier, banks would pay interest at the rate of 3.5% p.a. on the … Read more Calculation Of Interest On

Tips And Tricks For Speedy Calculations Module 3 Multiplication

   TIPS AND TRICKS FOR SPEEDY CALCULATIONS – MODULE III – MULTIPLICATION In this module we deal with techniques using which we can multiply two numbers in an unorthodox but quick manner. Firstly we take up some specific cases using which we come to generalized multiplication of any two given numbers. Multiplying two … Read more Tips And Tricks For Speedy Calculations Module 3 Multiplication

Puzzle Test

 Puzzle Test Puzzle Test section comprises problems put in the form of puzzles involving certain number of items, be it persons or things. The candidate is required to analyse the given information, condense it in a suitable form and answer the questions asked.     In this type of test, the questions are … Read more Puzzle Test

Pipe And Cistern

 Pipes and Cistern   Inlet: A pipe connected with a tank or a cistern or a reservoir, that fills it, is known as an inlet.   Outlet: A pipe connected with a tank or cistern or reservoir, emptying it, is known as an outlet.   If a pipe can fill a tank in x hours, … Read more Pipe And Cistern

Pipe And Cistern

 Pipes and Cistern   Inlet: A pipe connected with a tank or a cistern or a reservoir, that fills it, is known as an inlet.   Outlet: A pipe connected with a tank or cistern or reservoir, emptying it, is known as an outlet.   If a pipe can fill a tank in x hours, … Read more Pipe And Cistern

Hcf And Lcm

  HCF & LCM HCF & LCM are acronym for words, Highest common factor and Lowest common multiple respectively. 1. H. C. F While we all know what a multiplication is like 2 * 3 = 6. HCF is just the reverse of multiplication which is known as Factorization. Now factorization is breaking … Read more Hcf And Lcm

Fractions Or Rational Number

 Fractions Any unit can be divided into any numbers of equal parts, one or more of this parts is called fraction of that unit. e.g. one-forth (1/4), one-third (1/3), three-seventh (3/7) etc. The lower part indicates the number of equal parts into which the unit is divided, is called denominator. The upper part, which indicates the number … Read more Fractions Or Rational Number