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7. X is due to retire as a factory manager from a Paint Manufacturing Company and his present salary is 40,000. He has worked in

7. X is due to retire as a factory manager from a Paint Manufacturing Company and his present salary is 40,000. He has worked in the factory for about 22 years and was on leave for 6 months in the 15th year due to an injury suffered at the factory. After recovery he resumed his duty as a Chief Supervisor and worked for 7 years. Please calculate the amount of gratuity payable to him

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