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In an organization HRA (House rent allowance) & TA (travel allowance)
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03 Apr 2023, 01:22
03 Apr 2023, 01:22
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Question Stats:
92% (02:00) correct
7% (03:01) wrong based on 14 sessions
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In an organization HRA (House rent allowance) & TA (travel allowance) are calculated by taking 30% and 10% of the basic pay respectively. If after promotion the HRA of a certain employee is changed from $3000 to $4200. What was the percentage increase in his TA?
10%
33.33%
40%
75%
Cannot be determined
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10%
33.33%
40%
75%
Cannot be determined
Post A Detailed Correct Solution For The Above Questions And Get A Kudos.
Question From Our Project: Free GRE Prep Club Tests in Exchange for 20 Kudos
\(\Longrightarrow\) GRE - Quant Daily Topic-wise Challenge
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Posts: 2508
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Re: In an organization HRA (House rent allowance) & TA (travel allowance)
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12 Apr 2023, 20:45
12 Apr 2023, 20:45
2
Expert Reply
Carcass wrote:
In an organization HRA (House rent allowance) & TA (travel allowance) are calculated by taking 30% and 10% of the basic pay respectively. If after promotion the HRA of a certain employee is changed from $3000 to $4200. What was the percentage increase in his TA?
10%
33.33%
40%
75%
Cannot be determined
10%
33.33%
40%
75%
Cannot be determined
4200=30% of basic salary
hence salary = 14000
New TA will equal to 10% of latest salary (after promotion)
14000x0.10 =1400
Previous TA = 10,000X0.10 = 1000
Difference = 400
Percentage = 400/1000x100 = 40%
Answer: c
In an organization HRA (House rent allowance) & TA (travel allowance)
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16 Sep 2023, 08:28
16 Sep 2023, 08:28
1
0.3 of salary=3000
so, salary =10000
TA=0.1*10000=1000
So TA:HRA:Total salary
1000:3000:10000
New. :4200:
Ratio of Ta:HRA=1:3
so 1/3*4200= 1400 new TA
Total salary=10/3*4200= 14000
(New TA-Old TA)/OLD TA=1400-1000/1000=400/1000*100=40%
so, salary =10000
TA=0.1*10000=1000
So TA:HRA:Total salary
1000:3000:10000
New. :4200:
Ratio of Ta:HRA=1:3
so 1/3*4200= 1400 new TA
Total salary=10/3*4200= 14000
(New TA-Old TA)/OLD TA=1400-1000/1000=400/1000*100=40%
