43.75% is the change from 16 to 23
Calculation steps:
[( 23 - 16 ) ÷ 16] x 100 = 43.75%
Formula
Percentage change = [(23 - 16) / 16] x 100
Subtract the new number by the original number
23 - 16 = 7
7 ÷ 16 = 0.4375
0.4375 x 100 = 43.75%
Example