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EMPLOYEE MAKES $52,612.00 will get a 15% incentive. What will the amount of the incentive be?

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The amount of the incentive is the percentage, or fraction of the total amount.

To calculate the incentive, multiply the total amount by the percentage all over hundred:

that is,
Incentive = (initial amount) * (percentage/100)

In this case, we have:

Incentive = (52612) * (15/100)
= 52612 * 0.15
= 7891.8.

So, the incentive would be $7891.8

Hope that was helpful?
Take care.

Posted on May 23, 2011

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