11.8% is the change from 500 to 559
Calculation steps:
[( 559 - 500 ) ÷ 500] x 100 = 11.8%
Formula
Percentage change = [(559 - 500) / 500] x 100
Subtract the new number by the original number
559 - 500 = 59
59 ÷ 500 = 0.118
0.118 x 100 = 11.8%
Example