Math question Help needed

label Mathematics
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

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

Thank you for the opportunity to help you with your question!

-----------------------------------------------------------------------------------------------------

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 = 

-----------------------------------------------------------------------------------------------------

Please let me know if you need any clarification. I'm always happy to answer your questions.
Oct 23rd, 2015

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Oct 23rd, 2015
...
Oct 23rd, 2015
Oct 22nd, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer