3.05% is the change from 524 to 540
Calculation steps:
[( 540 - 524 ) ÷ 524] x 100 = 3.05%
Formula
Percentage change = [(540 - 524) / 524] x 100
Subtract the new number by the original number
540 - 524 = 16
16 ÷ 524 = 0.030534351145038167
0.030534351145038167 x 100 = 3.05%