3.1% is the change from 516 to 532
Calculation steps:
[( 532 - 516 ) ÷ 516] x 100 = 3.1%
Formula
Percentage change = [(532 - 516) / 516] x 100
Subtract the new number by the original number
532 - 516 = 16
16 ÷ 516 = 0.031007751937984496
0.031007751937984496 x 100 = 3.1%