Previous Year Questions

Question :

Directions : Read the data given below carefully and answer the following questions:

Below given are the steps to calculate the Employees' Provident Fund (EPF) of an employee:

EPF of an employee = Employee contribution + Employer Contribution

Employee contribution = 12% of (Basic salary + Dearness allowance)

Employer contribution = 12% of (Basic salary + Dearness allowance) - 8.33% of Rs.15000

Dearness allowance of an employee can be calculated based on the table given below:

There are five employees A, B, C, D and E in an office and their basic salary can be calculated based on the given formulas:

Basic salary = 250 * Total working hours (Number of working days * Average working hours in a day)

Some information about number of working days and average working hours in a day of five employees is also given:

Total Working hours in a month for employee A is 160 hours and ratio of number of working days for A to that for B is 2: 3. Average working hours of B in a day is 'P' hours which is 5 hours less then that of E. Total working hours for B is 60% of that for C and number of working days for C is 1 more than that for B. Average working hours in day for A and D is same and number of working days for D is double of his average working hours in a day. Ratio of total working hours for A to that for D is 4: 5.

What is the difference between the employee contribution in EPF of employees A and employer contribution in EPF of employees D?