1.62% is the change from 495 to 503
Calculation steps:
[( 503 - 495 ) ÷ 495] x 100 = 1.62%
Formula
Percentage change = [(503 - 495) / 495] x 100
Subtract the new number by the original number
503 - 495 = 8
8 ÷ 495 = 0.01616161616161616
0.01616161616161616 x 100 = 1.62%