2.3% is the change from 696 to 712
Calculation steps:
[( 712 - 696 ) ÷ 696] x 100 = 2.3%
Formula
Percentage change = [(712 - 696) / 696] x 100
Subtract the new number by the original number
712 - 696 = 16
16 ÷ 696 = 0.022988505747126436
0.022988505747126436 x 100 = 2.3%