4% is the change from 100 to 104
Calculation steps:
[( 104 - 100 ) ÷ 100] x 100 = 4%
Formula
Percentage change = [(104 - 100) / 100] x 100
Subtract the new number by the original number
104 - 100 = 4
4 ÷ 100 = 0.04
0.04 x 100 = 4%
Example