12% is the change from 100 to 112
Calculation steps:
[( 112 - 100 ) ÷ 100] x 100 = 12%
Formula
Percentage change = [(112 - 100) / 100] x 100
Subtract the new number by the original number
112 - 100 = 12
12 ÷ 100 = 0.12
0.12 x 100 = 12%
Example