The formula to calculate the Bonus Percentage (BP) is:
\[ BP = \frac{B}{AS} \times 100 \]
Where:
The Bonus Percentage (BP) is a measure of the proportion of a bonus relative to an annual salary. It is calculated by dividing the total bonus by the annual salary and then multiplying by 100. This percentage helps to understand the significance of the bonus in relation to the overall salary.
Example 1:
Calculation:
\[ BP = \frac{5000}{50000} \times 100 = 10 \% \]
Example 2:
Calculation:
\[ BP = \frac{3000}{60000} \times 100 = 5 \% \]