92.5% is the change from 120 to 231
Calculation steps:
[( 231 - 120 ) ÷ 120] x 100 = 92.5%
Formula
Percentage change = [(231 - 120) / 120] x 100
Subtract the new number by the original number
231 - 120 = 111
111 ÷ 120 = 0.925
0.925 x 100 = 92.5%
Example