1.06% is the change from 470 to 475
Calculation steps:
[( 475 - 470 ) ÷ 470] x 100 = 1.06%
Formula
Percentage change = [(475 - 470) / 470] x 100
Subtract the new number by the original number
475 - 470 = 5
5 ÷ 470 = 0.010638297872340425
0.010638297872340425 x 100 = 1.06%