To calculate the Golf Payout:
\[ GP = \frac{P \times PP}{100} \]
Where:
The Golf Payout is the amount of money a player receives based on their performance in a golf tournament. It is calculated by multiplying the total purse by the percentage of the purse won. This calculation helps players understand their earnings from a tournament.
Let's assume the following values:
Using the formula:
\[ GP = \frac{1,000,000 \times 10}{100} = 100,000 \, \text{\$} \]
The Golf Payout is $100,000.
Let's assume the following values:
Using the formula:
\[ GP = \frac{500,000 \times 15}{100} = 75,000 \, \text{\$} \]
The Golf Payout is $75,000.