11.54% is the change from 104 to 116
Calculation steps:
[( 116 - 104 ) ÷ 104] x 100 = 11.54%
Formula
Percentage change = [(116 - 104) / 104] x 100
Subtract the new number by the original number
116 - 104 = 12
12 ÷ 104 = 0.11538461538461539
0.11538461538461539 x 100 = 11.54%