8.11% is the change from 111 to 120
Calculation steps:
[( 120 - 111 ) ÷ 111] x 100 = 8.11%
Formula
Percentage change = [(120 - 111) / 111] x 100
Subtract the new number by the original number
120 - 111 = 9
9 ÷ 111 = 0.08108108108108109
0.08108108108108109 x 100 = 8.11%