Enter the revolving credit balance ($) and the total credit limit ($) into the Calculator. The calculator will evaluate the Credit Percentage.

## Credit Percentage Formula

CP = RCB / CL * 100

Variables:

- CP is the Credit Percentage (%)
- RCB is the revolving credit balance ($)
- CL is the total credit limit ($)

To calculate Credit Percentage, divide the revolving credit balance by the total credit limit, then multiply by 100.

## How to Calculate Credit Percentage?

The following steps outline how to calculate the Credit Percentage.

- First, determine the revolving credit balance ($).
- Next, determine the total credit limit ($).
- Next, gather the formula from above = CP = RCB / CL * 100.
- Finally, calculate the Credit Percentage.
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem : **

Use the following variables as an example problem to test your knowledge.

revolving credit balance ($) = 2,000

total credit limit ($) = 10000