Assignment: ENGAGEMENT AND DISENGAGEMENT
1) Denmark earns N70,000 monthly.
How much will his salary be if
a) He worked for a full month in January 2021.
ANS: He will get his full salary: N70,000.
b) He resumed 5th January 2021.
i) Using working days;
ANS: 19/21 x N70,000 = N63,333.33.
ii. Using working days + non-working days;
ANS: 27/31 x N70,000 = N60,967.74.
c) He resumed 1st January 2021 and resigned 21st January 2021.
i) Using working days;
ANS: 14/21 x N70,000 = N46,666.67.
ii) Using working days + non-working days;
ANS: 20/30 X N70,000 = N45,161.29
d) He resumed 5th January 2021 and resigned 21st January 2021.
iii) Using working days;
ANS: 12/21 X N70,000 = N39,999.99.
iv) Using working days + non-working days;
ANS: 16/31 X N70,000 = N36,129.03
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Assignment: ENGAGEMENT AND DISENGAGEMENT
1) Denmark earns N70,000 monthly.
How much will his salary be if
a) He worked for a full month in January 2021.
ANS: He will get his full salary: N70,000.
b) He resumed 5th January 2021.
i) Using working days;
ANS: 19/21 x N70,000 = N63,333.33.
ii. Using working days + non-working days;
ANS: 27/31 x N70,000 = N60,967.74.
c) He resumed 1st January 2021 and resigned 21st January 2021.
i) Using working days;
ANS: 14/21 x N70,000 = N46,666.67.
ii) Using working days + non-working days;
ANS: 20/30 X N70,000 = N45,161.29
d) He resumed 5th January 2021 and resigned 21st January 2021.
iii) Using working days;
ANS: 12/21 X N70,000 = N39,999.99.
iv) Using working days + non-working days;
ANS: 16/31 X N70,000 = N36,129.03
Wow…Well done.
Thank you