An employee is employed in an industry on a wage of...

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An employee is employed in an industry on a wage of rupees eight thousand and five hundred per month, which is fixed as the minimum wage as a scheduled employment by the appropriate government. What is the amount of bonus he shall be entitled to, if it is to be paid at the minimum rate of 8.33% by the employer under the Payment of Bonus Act, 1965?

A. Rupees seven thousand only

B. Rupees nine thousand only

C. Rupees eight thousand and five hundred only

D. Rupees three thousand and five hundred only

Answer: Option C

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