3.94% is the change from 940 to 977
Calculation steps:
[( 977 - 940 ) ÷ 940] x 100 = 3.94%
Formula
Percentage change = [(977 - 940) / 940] x 100
Subtract the new number by the original number
977 - 940 = 37
37 ÷ 940 = 0.039361702127659576
0.039361702127659576 x 100 = 3.94%