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Earnings calculation fromula

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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sasif_2003
Junior Member
Posts: 63
Joined: Tue Aug 04, 2009 9:26 am

Earnings calculation fromula

Post by sasif_2003 » Tue Sep 08, 2009 5:55 am

Hi,
My earnings from India is Rs.700000 for 12 months period.Could you please let me know how to calculate the earnings to convert Rs.7Lakhs to equivalent GBP?

THANKS
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crowbar6
Member of Standing
Posts: 399
Joined: Tue Dec 11, 2007 5:33 pm
Location: London

Re: Earnings calculation fromula

Post by crowbar6 » Tue Sep 08, 2009 6:38 am

sasif_2003 wrote:Hi,
My earnings from India is Rs.700000 for 12 months period.Could you please let me know how to calculate the earnings to convert Rs.7Lakhs to equivalent GBP?

THANKS
See this.
Regards,
crowbar6
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hert
Junior Member
Posts: 76
Joined: Sat Dec 31, 2005 11:55 am

Post by hert » Tue Sep 08, 2009 10:09 am

I assume you would be taking into consideration the average exchange rate. Rs 7 lacs equates to <10000 GBP per current rates. See from the link above if you can claim any points.
Cheers
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ChetanOjha
Moderator
Posts: 2771
Joined: Thu Dec 28, 2006 12:49 am
Location: London

Post by ChetanOjha » Tue Sep 08, 2009 11:03 am

hert wrote:I assume you would be taking into consideration the average exchange rate. Rs 7 lacs equates to <10000 GBP per current rates. See from the link above if you can claim any points.
Cheers
Formula generally is = [Total Amount/exchange rate]*uplift ratio.
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