-28.8% is the change from 1000 to 712
Calculation steps:
[( 712 - 1000 ) ÷ 1000] x 100 = -28.8%
Formula
Percentage change = [(712 - 1000) / 1000] x 100
Subtract the new number by the original number
712 - 1000 = -288
-288 ÷ 1000 = -0.288
-0.288 x 100 = -28.8%