40.72% is the change from 501 to 705
Calculation steps:
[( 705 - 501 ) ÷ 501] x 100 = 40.72%
Formula
Percentage change = [(705 - 501) / 501] x 100
Subtract the new number by the original number
705 - 501 = 204
204 ÷ 501 = 0.40718562874251496
0.40718562874251496 x 100 = 40.72%