To calculate the Percentage Salary (PS):
PS=(AS)×100
Where:
Percentage salary is the portion of the total salary that has been paid out, expressed as a percentage. It helps in understanding what fraction of the total salary has been received, which can be useful for tracking earnings, budgeting, and financial planning.
Let's assume the following values:
Using the formula:
PS=(2000050000)×100=40 %
The Percentage Salary is 40%.
Let's assume the following values:
Using the formula:
PS=(1500060000)×100=25 %
The Percentage Salary is 25%.