How to calculate bonus amount from percentage of annual salary?
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I received a bonus of % of my annual salary. If my annual salary is $ ...
How much is the bonus?
Type of calculation: Calculating the percentage value of a given number (bonus amount).
Calculator usage: Use the Basic Percentage CALCULATOR ("What is X% of Y?"). Enter the bonus percentage as X (15) and the annual salary as Y ($60000). The calculator will calculate 15% of $60000.
Explanation using a formula:
We are looking for the value of 15% of $60000.
Formula: (Percentage / 100) * Whole
Bonus amount = (15 / 100) * $60000 = 0.15 * $60000 = $9000
Calculator usage: Use the Basic Percentage CALCULATOR ("What is X% of Y?"). Enter the bonus percentage as X (15) and the annual salary as Y ($60000). The calculator will calculate 15% of $60000.
Explanation using a formula:
We are looking for the value of 15% of $60000.
Formula: (Percentage / 100) * Whole
Bonus amount = (15 / 100) * $60000 = 0.15 * $60000 = $9000
Answer: The bonus is $ .