Raise Percentage = ((New Salary – Old Salary) / Old Salary) × 100
Subtract the old salary from the new salary
Divide the result by the old salary
Multiply by 100 to get the percentage
Example: If old salary is 50,000 and new salary is 55,000
Raise amount = 55,000 – 50,000 = 5,000
Raise percentage = (5,000 / 50,000) × 100 = 10%