How can you calculate the percentage-based compensation for referred users in PHP?

To calculate the percentage-based compensation for referred users in PHP, you need to determine the total compensation amount and the percentage to be paid out. You can then multiply the total compensation by the percentage to get the amount to be paid to the referrer.

// Total compensation amount
$totalCompensation = 1000;

// Percentage for referral compensation
$referralPercentage = 0.10; // 10%

// Calculate referral compensation
$referralCompensation = $totalCompensation * $referralPercentage;

echo "Referral Compensation: $" . $referralCompensation;