Audit Percentage Calculator

Formula

The formula to calculate the Audit Percentage (P) is:

\[ P = \left(\frac{A}{T}\right) \times 100 \]

Where:

Audit Percentage (P): The proportion of a total amount that has been audited, expressed as a percentage.
Audit Amount (A): The amount that has been audited.
Total Amount (T): The total amount being considered.

Let's say the audit amount (A) is $5,000 and the total amount (T) is $50,000. Using the formula:

\[ P = \left(\frac{5,000}{50,000}\right) \times 100 = 10 \% \]

So, the audit percentage is 10%.