Percentage of Percentage Calculator
(Base Percentage)
%
(Percentage on Base Percentage)
%
How to use this Percentage of Percentage Calculator 🤔
- Enter ✎ value for Base Percentage (X).
- Enter ✎ value for Percentage on Base Percentage (Y).
- As soon as you enter the required input value(s), the Percentage of Percentage is calculated immediately, and displaed in the output section (present under input section).
Calculating Percentage of a Percentage
Calculating the percentage of a percentage is a common operation, particularly in situations where one percentage is applied to another. This is often seen in scenarios such as compounded discounts, multi-level commissions, or layered interest rates.
The formula to calculate the percentage of a percentage is expressed as:
\( \text{Result} = \dfrac{ X \times Y }{ 100 } \)
where:
- X represents the base percentage.
- Y represents the percentage applied to the base percentage.
By multiplying the two percentages and then dividing by 100, you obtain the percentage of the percentage.
Examples
The following examples demonstrate how to calculate the percentage of a percentage using the given formula.
1. A real estate agent earns 5% commission on the sale price of a house. The agent’s broker takes 20% of the agent’s commission as a fee. What percentage of the house’s sale price does the broker take?
Answer
Given:
- X = 5% (Agent’s commission percentage on the sale price)
- Y = 20% (Broker’s percentage of the agent’s commission)
The formula to calculate the percentage of a percentage is:
\( \text{Result} = \dfrac{ X \times Y }{ 100 } \)
Substituting the given values into the formula:
\( \text{Result} = \dfrac{ 5 \times 20 }{ 100 } \)
Simplifying further:
\( \text{Result} = 1\% \)
Therefore, the broker takes 1% of the house’s sale price.
2. A company offers a 30% bonus to its employees based on their annual performance. Out of this bonus, 15% is allocated to the employee’s retirement fund. What percentage of the employee’s annual salary is added to the retirement fund?
Answer
Given:
- X = 30% (Bonus percentage)
- Y = 15% (Percentage of the bonus allocated to the retirement fund)
The formula to calculate the percentage of a percentage is:
\( \text{Result} = \dfrac{ X \times Y }{ 100 } \)
Substituting the given values into the formula:
\( \text{Result} = \dfrac{ 30 \times 15 }{ 100 } \)
Simplifying further:
\( \text{Result} = 4.5\% \)
Therefore, 4.5% of the employee’s annual salary is added to the retirement fund.
Formula
To calculate the percentage of percentage, you can use the following formula.
where
Calculation
Once you enter the input values in the calculator, the output parameters are calculated.