5.4% is the change from 704 to 742
Calculation steps:
[( 742 - 704 ) ÷ 704] x 100 = 5.4%
Formula
Percentage change = [(742 - 704) / 704] x 100
Subtract the new number by the original number
742 - 704 = 38
38 ÷ 704 = 0.05397727272727273
0.05397727272727273 x 100 = 5.4%