Q. The formula for calculating gratuity is (Solved)
1. gratuity = (monthly salary/25) x 15 x no. of years of service
2. gratuity = (monthly salary/30) x 15 x no. of years of service
3. gratuity = (monthly salary/26) x 15 x no. of years of service
4. gratuity = (monthly salary/15) x 15 x no. of years of service
- c. gratuity = (monthly salary/26) x 15 x no. of years of service