2.18% is the change from 550 to 562
Calculation steps:
[( 562 - 550 ) ÷ 550] x 100 = 2.18%
Formula
Percentage change = [(562 - 550) / 550] x 100
Subtract the new number by the original number
562 - 550 = 12
12 ÷ 550 = 0.02181818181818182
0.02181818181818182 x 100 = 2.18%