16% is the change from 700 to 812
Calculation steps:
[( 812 - 700 ) ÷ 700] x 100 = 16%
Formula
Percentage change = [(812 - 700) / 700] x 100
Subtract the new number by the original number
812 - 700 = 112
112 ÷ 700 = 0.16
0.16 x 100 = 16%
Example