5% is the change from 940 to 987
Calculation steps:
[( 987 - 940 ) ÷ 940] x 100 = 5%
Formula
Percentage change = [(987 - 940) / 940] x 100
Subtract the new number by the original number
987 - 940 = 47
47 ÷ 940 = 0.05
0.05 x 100 = 5%
Example