12.27% is the change from 481 to 540
Calculation steps:
[( 540 - 481 ) ÷ 481] x 100 = 12.27%
Formula
Percentage change = [(540 - 481) / 481] x 100
Subtract the new number by the original number
540 - 481 = 59
59 ÷ 481 = 0.12266112266112267
0.12266112266112267 x 100 = 12.27%