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Mth302 assignment 1 fall 2020

 Virtual University Helping Point The basic salary of an employee is 20,000 find the following for this salary. a) Calculate the allowances, if allowances are 50% of the basic salary. What is the taxable income of employee? Also find gross salary? Answer: 1- Allowance: 50% of the basic salary = Basic Salary x 50% = 20,000 x 50 / 100 = 10, 00,000 /100 = 10,000 2- Taxable Income: According to the taxation rules if allowances are 50% of basic salary, the amount is treated as tax free. = 20,000 3- Gross Salary: Basic Salary + Allowance = Basic Salary + Allowance = 20,000 + 10,000 = 30,000 b) What the cost of the business is on explanation of leaves (18.2%), group insurance/medical (5%) and additional social welfares (5.8%)? Answer: 1- Cost of leaves: 18.2% of the gross salary = Basic Salary x 18.2% = 30,000 x 18.2 / 100 = 546,000 / 100 = 546,000 / 100 = 5,460 2- Group Insurance: 5% of the Gross Salary = Basic Salary x 5% = 30,000 x 5 / 100 = 150,000 / 100 = 1,500 Social Benefits: 5....

Pak301 lecture wise MCQs

Virtual University Helping Point Lecture 1  1. Muhammad bin Qasim was >> the first Muslim invader  2. Mahmud of Ghazna launched >> 17 attacks . 3. Qutub-ud-Din Aibuk permanently established Muslim dynasty. 4. First movement by ulama are >> “Deen e ilahi & Bakhti “ movements 5. British won independence war because of >> latest and strong strategy . 6. Independence war >> 1857 7. Congress was established in >> 1885 8. Muslim league was established in >> 1906 9. Muslim league founded in >> DHAKA 10. Urdu hindi tanazua (demonstrations) in >> BANARAS >> 1867 LECTURE 2 1. Quaid e  azam started politics in >> 1906 2. Quaid e azam join congress in >> 1906 3. Quaid e azam elected to Legislative Council in >> 1909 4. Quaid e azam join muslim lague in >>1913 5. Quaid e azam left congress against the >> sawaraj (self-rule) 6. Quaid e azm resigned from congress...

MCM101 short notes Lecture 3 and 4

Virtual University Helping Point   Lecture #3 Newspapers/ magazines • the first titled English language Private newspaper, The Corrant, was first published in London in 1621. • The first English daily newspaper, the Daily Courant, was founded by Samuel Buckley on 11 March 1702. • In 1631 The Gazette, the first French newspaper was founded. • In 1690, Public Occurrences in Boston Became the first newspaper published in America. • In 1803, Australia’s military government published the Sydney Gazette and the New South Wales Advertiser, Australia’s first newspapers. • Since the 1980s, many newspapers have been printed with three-color process photography and graphics. • This highlights the fact that the layout of the newspaper is of major importance in getting attention. Linotype Machine 1884 Otto Merganthaler invents the Linotype machine which casts type in full lines, using hot lead, a Quantum leap in newspaper publishing, and ushering in the era of “hot lead.” The systems remained ...