150% is the change from 48 to 120
Calculation steps:
[( 120 - 48 ) ÷ 48] x 100 = 150%
Formula
Percentage change = [(120 - 48) / 48] x 100
Subtract the new number by the original number
120 - 48 = 72
72 ÷ 48 = 1.5
1.5 x 100 = 150%
Example