Balance Percentage Calculator

Formula

To calculate the Balance Percentage (BP):

\[ BP = \left( \frac{RB}{TB} \right) \times 100 \]

Where:

$BP$ is the Balance Percentage (%)
$RB$ is the Remaining Balance ($)
$TB$ is the Total Balance ($)

What is Balance Percentage?

Balance Percentage is a measure used to indicate the proportion of the remaining balance to the total balance, expressed as a percentage. It provides a way to understand how much of the total balance is left. This calculation is useful in various financial contexts, such as loan repayments, budgeting, and financial planning.

Example Calculation

Let's assume the following values:

Remaining Balance ($RB$) = $500
Total Balance ($TB$) = $2000

Using the formula:

\[ BP = \left( \frac{500}{2000} \right) \times 100 = 0.25 \times 100 = 25\% \]

The balance percentage is 25%.