1.24% is the change from 403 to 408
Calculation steps:
[( 408 - 403 ) ÷ 403] x 100 = 1.24%
Formula
Percentage change = [(408 - 403) / 403] x 100
Subtract the new number by the original number
408 - 403 = 5
5 ÷ 403 = 0.01240694789081886
0.01240694789081886 x 100 = 1.24%