103.77% is the change from 265 to 540
Calculation steps:
[( 540 - 265 ) ÷ 265] x 100 = 103.77%
Formula
Percentage change = [(540 - 265) / 265] x 100
Subtract the new number by the original number
540 - 265 = 275
275 ÷ 265 = 1.0377358490566038
1.0377358490566038 x 100 = 103.77%