How to Calculate Commission Amount Percentage of a number
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My broker charges a % commission fee. If I invest $ ... How much is the fee?
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Answer: You'll pay $ in commission.
Type of calculation: Calculating a percentage of a number (commission amount). How to use the calculator: Use the Basic Percentage Calculator (“What is A% of B?”). Enter 2 [A] and $8000 [B]. It will calculate 2% of $8000. The formula:
We want to find 2% of $8000.
Formula: (Percentage / 100) × Whole
Commission amount = (2 / 100) × $8000 = 0.02 × $8000= $160