Hike Calculator - Find Salary Increment by Percentage

Online free tool to perform calculation for finding Salary Increment by Percentage. Also Find Percentage of Increment by Old Salary and New Salary.

  
New Salary after Increment: 12,000.

How to Calculate Salary Hike using Percentage?

Formula Calculation Steps:

  • Step 1: Multiply current salary with percentage of increment.
  • Step 2: Divide the result by 100.
  • Step 3: Then add the result with current salary.

Example: 10000 * 20 / 100 + 10000 = 12000 (ie Current salary is 10000 and Percentage of Increment is 20.)