40.52% is the change from 501 to 704
Calculation steps:
[( 704 - 501 ) ÷ 501] x 100 = 40.52%
Formula
Percentage change = [(704 - 501) / 501] x 100
Subtract the new number by the original number
704 - 501 = 203
203 ÷ 501 = 0.405189620758483
0.405189620758483 x 100 = 40.52%