10.6% is the change from 500 to 553
Calculation steps:
[( 553 - 500 ) ÷ 500] x 100 = 10.6%
Formula
Percentage change = [(553 - 500) / 500] x 100
Subtract the new number by the original number
553 - 500 = 53
53 ÷ 500 = 0.106
0.106 x 100 = 10.6%
Example