Budget Percent Calculator

Calculate Budget Percentage



Formula

To calculate the Budget Percentage (\(B\)):

\[ B = \frac{PB - AB}{PB} \times 100 \]

Where:

What is Budget Percent?

A budget percent, or percentage, is defined as a measure of how much over or under budget a certain project was, relative to the planned budget.

Example Calculation 1

Let's assume the following values:

Using the formula:

\[ B = \frac{10000 - 8000}{10000} \times 100 = 20\% \]

The budget percentage is 20%, indicating the project is 20% under budget.

Example Calculation 2

Let's assume the following values:

Using the formula:

\[ B = \frac{15000 - 18000}{15000} \times 100 = -20\% \]

The budget percentage is -20%, indicating the project is 20% over budget.