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Net monthly salary of an employee was Rs. 3000 in 1980. The consumer price index number in 1985 is 250 with 1980 as base year. If the has to be rightly compensated then, 7thdearness allowances to be paid to the employee is:a)Rs. 4.800.00b)Rs. 4,700.00c)Rs. 4,500.0d)None of these.Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Net monthly salary of an employee was Rs. 3000 in 1980. The consumer price index number in 1985 is 250 with 1980 as base year. If the has to be rightly compensated then, 7thdearness allowances to be paid to the employee is:a)Rs. 4.800.00b)Rs. 4,700.00c)Rs. 4,500.0d)None of these.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Net monthly salary of an employee was Rs. 3000 in 1980. The consumer price index number in 1985 is 250 with 1980 as base year. If the has to be rightly compensated then, 7thdearness allowances to be paid to the employee is:a)Rs. 4.800.00b)Rs. 4,700.00c)Rs. 4,500.0d)None of these.Correct answer is option 'C'. Can you explain this answer?.

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