25% is the change from 48 to 60
Calculation steps:
[( 60 - 48 ) ÷ 48] x 100 = 25%
Formula
Percentage change = [(60 - 48) / 48] x 100
Subtract the new number by the original number
60 - 48 = 12
12 ÷ 48 = 0.25
0.25 x 100 = 25%
Example