Degree of tensor product of vector bundles

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Let $X$ be a compact Riemann surface. Let $r(E), d(E)$ denote the rank and degree of a vector bundle $E$ on $X$.

From Narasimhan-Seshadri we have the following proposition

([Proposition 4.1) A vector bundle $W$ on $X$ is stable if for every proper subbundle $V$ of $W$, we have $d(W^*\otimes V)<0$.

The proof relies on this equality

$d(W^*\otimes V)=r(W)d(V) - r(V)d(W)$.

Where does the equality comes from?

Thank you.