Math question Help needed

Mathematics
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Last year budget for government was $4896 and this year $5350. $4896 is to be reference value. What is relative change in budget from last year to this year in %? The following year budget will be $5177, what’s the decrease from this year budget of $5350 in %? If next year budget is changed so that it is 8% less than this year budget of $5350, what is the amount of next year budget?

Oct 23rd, 2015

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Relative change = (New value - Reference value)/Reference value x 100%

Relative change = 

Relative change = 

Relative change = 


Percentage change = 

Percentage change = 

Percentage change = 

So the budget decreased by 3.2%.


New budget = 5350 - 8% of 5350

New budget = 

New budget = 

New budget = 

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Oct 23rd, 2015

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