# Calculate Per Day Salary in Excel: 2 Formulas

The following table has Name, Designation, and Salary columns.

## Formula 1 – Using a Generic Formula to Calculate Per Day Salary in Excel

Steps:

• Enter the following formula in E5.
`=D5/30`

Formula Breakdown

• Divide D5 by 30.
• \$8000/30 â†’ becomes
• Output: \$266.67
• Explanation: Here, \$266.67 is the Per Day Salary.
• Press ENTER and see the result in E5.
• Drag down the formula across the cells you want to fill with the Fill Handle tool.

The calculated per day salary is displayed in the Per Day Salary column.

## Formula 2 – Using a Combined Formula to Calculate Per Day Salary in Excel

Steps:

• Calculate PF (Provident Fund). PF for each employee is 10% of their Basic Salary, here.

Enter the following formula in D17.

`=C17*10%`

Formula Breakdown

• C17*10% â†’ multiplies cell C17 by 10%.
• \$8000*10% â†’ becomes
• Output: \$800Â is theÂ PFÂ of a particular employee.
• Press ENTER and see the result in D17.
• Drag down the formula across the cells you want to fill with the Fill Handle tool.

Calculate Tax by using the IF function.

• Enter the following formula in E17.
`=IF(C17>=6000,C17*12%,C17*8%)`

Formula Breakdown

• IF(C17>=6000,C17*12%,C17*8%) â†’ the IF function returns C17*12% when C17>=6000 is TRUE, otherwise it returns C17*8%.
• IF(8000>=6000,8000*12%,8000*8%) â†’ becomes
• Output: \$960. As the logical_test is TRUE, the result becomes 8000*12% which is \$960.
• Press ENTER and see the result in E17.
• Drag down the formula across the cells you want to fill with the Fill Handle tool.

Calculate Total Deduction by using the SUM function.

• Enter the formula in F17.
`=SUM(D17,E17)`

Formula Breakdown

• SUM(D17,E17) â†’ adds cell D17 with cell E17.
• SUM(800,960) â†’ becomes
• Output: \$1760Â is the Total Deduction of a particular employee.
• Press ENTER and see the result in F17.
• Drag down the formula across the cells you want to fill with the Fill Handle tool.

Calculate Net Salary.

• Enter the following formula in E5:
`=D5+E5-F17`

Formula Breakdown

• D5+E5-F17 â†’ adds cell D5 to cell E5 and subtracts F17.
• 8000+1000-1760 â†’ becomes
• Output: \$7240 is the Net Salary of a particular employee.
• Press ENTER and see the result in F5.
• Drag down the formula across the cells you want to fill with the Fill Handle tool.

Calculate Per Day Salary by using a division formula.

• Enter the following formula in G5.
`=F5/30`

Formula Breakdown

• Divide cell F5 by 30.
• \$7240/30 â†’ becomes
• Output: \$241.33 is the Per Day Salary of a particular employee.
• Press ENTER and see the result in E5.
• Drag down the formula across the cells you want to fill with the Fill Handle tool.

The calculated per day salary is displayed in the Per Day Salary column.

## Practice Section

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Afia Kona

Afia Aziz Kona, a graduate of Civil Engineering from Khulna University of Engineering & Technology, Bangladesh, serves as a technical content creator in the ExcelDemy project. Possessing a passion for innovation and critical thinking, she actively embraces challenges. Beyond her engineering background, Afia exhibits a keen interest in Excel, having authored numerous articles on Excel & VBA-related issues to simplify the experience for users facing obstacles in Excel. Apart from creating Excel tutorials, she is also... Read Full Bio

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