1120% is the change from 40 to 488
Calculation steps:
[( 488 - 40 ) ÷ 40] x 100 = 1120%
Formula
Percentage change = [(488 - 40) / 40] x 100
Subtract the new number by the original number
488 - 40 = 448
448 ÷ 40 = 11.2
11.2 x 100 = 1120%
Example