6.25% is the change from 112 to 119
Calculation steps:
[( 119 - 112 ) ÷ 112] x 100 = 6.25%
Formula
Percentage change = [(119 - 112) / 112] x 100
Subtract the new number by the original number
119 - 112 = 7
7 ÷ 112 = 0.0625
0.0625 x 100 = 6.25%
Example