12.52% is the change from 623 to 701
Calculation steps:
[( 701 - 623 ) ÷ 623] x 100 = 12.52%
Formula
Percentage change = [(701 - 623) / 623] x 100
Subtract the new number by the original number
701 - 623 = 78
78 ÷ 623 = 0.12520064205457465
0.12520064205457465 x 100 = 12.52%