Galgotias University, Greater Noida: School of Business
Galgotias University, Greater Noida: School of Business
Max Marks: 50
SET 2
Exercise 1
See the following table.
There are three retirement contribution possibilities to account for:
An employee works full time AND has been employed more than 2 years. The retirement benefit applies 25%
of salary.
An employee works full time but has NOT been employed two or more years.
The retirement benefit does not apply.
An employee does NOT work full time. The retirement benefit does not apply.
Write the formula to calculate the Retirement Contribution i.e. 35% of salary.
Exercise 2
In a new workbook, create the worksheet. Name the worksheet as FURNITURE DETAILS, Enter
the data shown in the table below:
Item
Student Chairs
Student Tables
Stools
Teacher Chairs
Computer Tables
Teacher Tables
Quantity
209
101
202
74
253
77
Price/Piece (Rs.)
2005
5005
1005
10009
1100
3000
a) Calculate the total amount for each item (Quantity*price/piece) and also the total amount for all
items.
Student ID