37.93% is the change from 29 to 40
Calculation steps:
[( 40 - 29 ) ÷ 29] x 100 = 37.93%
Formula
Percentage change = [(40 - 29) / 29] x 100
Subtract the new number by the original number
40 - 29 = 11
11 ÷ 29 = 0.3793103448275862
0.3793103448275862 x 100 = 37.93%