Which of the following is used to calculate compensation payable by the employer where death of the workmen is due to an injury?
1
50 percent of the monthly wage multiplied by the relevant factor (age) or an amount of Rs. 1,20,000.
2
20 percent of the monthly wage multiplied by the relevant factor (age) or an amount of Rs. 80,000.
3
25 percent of the monthly wage multiplied by the relevant factor (age) or an amount of Rs. 80,000.
4
37 percent of the monthly wage multiplied by the relevant factor (age) or an amount of Rs. 80,000.