# VU HELP

Virtual University of Pakistan Study forum !

# GDB

Question #1:

What will be the Gross salary and Gratuity fund of an employer in a company if his basic salary is 30000?

ANS:  30,000* (1/11) =2727.27= gratuity fund

Study Programme : ( B.COM) 2YEARS

Gross salary                    =                                            32727.27 ANS

Question # 2:

Suppose you invest Rs.10000 in a business each December 31 (at the end of each year) for the next 10 years. If you are getting interest of 12%, compounded semiannually, how much will you have after 10 years?

ANS:           F.V                =                                            10,000*(1+0.12/2)^(2*10)

F.V                =                                             10,000*(1+0.06)^(20)

F.V                =                                             10,000*(1.06)^20

F.V                =                                             32071.35

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