7.04% is the change from 724 to 775
Calculation steps:
[( 775 - 724 ) ÷ 724] x 100 = 7.04%
Formula
Percentage change = [(775 - 724) / 724] x 100
Subtract the new number by the original number
775 - 724 = 51
51 ÷ 724 = 0.07044198895027624
0.07044198895027624 x 100 = 7.04%