Budget is 3,954,217 and reduce it 432,627 what is the percentage

Question

Trying to figure % for upcoming budgert

Answer 1

432627/3954217=0.1094=10.94%.

To work out what the %ge reduction is from 3,954,217 we need to go further.

[(New budget)-(Old budget)]/(Old budget)=percentage change. Positive means increase, negative means drop.

(432627-3954217)/3954217=-3521590/3954217=-0.8906 or 89.06% drop.

Note that 10.94%+89.06%=100%. This is because:

(432627-3954217)/3954217=432627/3954217-1=0.1094-1=-0.8906.

Or 10.94%-100%=-89.06%.