12.05% is the change from 448 to 502
Calculation steps:
[( 502 - 448 ) ÷ 448] x 100 = 12.05%
Formula
Percentage change = [(502 - 448) / 448] x 100
Subtract the new number by the original number
502 - 448 = 54
54 ÷ 448 = 0.12053571428571429
0.12053571428571429 x 100 = 12.05%