156.25% is the change from 48 to 123
Calculation steps:
[( 123 - 48 ) ÷ 48] x 100 = 156.25%
Formula
Percentage change = [(123 - 48) / 48] x 100
Subtract the new number by the original number
123 - 48 = 75
75 ÷ 48 = 1.5625
1.5625 x 100 = 156.25%
Example