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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BABATUNDE ODESINAAssignment: 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

Chizoma OparaWow…Well done.

Becadel SolutionsThank you

Vivian OkonkwoThis is great.

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agiwonI am loving this, I am not a fan of calculation but with this explanation, I am good to go.

Becadel SolutionsKudos! It was borne out of the need to teach the course in simplicity. We are glad you are learning.