1.72% is the change from 116 to 118
Calculation steps:
[( 118 - 116 ) ÷ 116] x 100 = 1.72%
Formula
Percentage change = [(118 - 116) / 116] x 100
Subtract the new number by the original number
118 - 116 = 2
2 ÷ 116 = 0.017241379310344827
0.017241379310344827 x 100 = 1.72%