1406.25% is the change from 48 to 723
Calculation steps:
[( 723 - 48 ) ÷ 48] x 100 = 1406.25%
Formula
Percentage change = [(723 - 48) / 48] x 100
Subtract the new number by the original number
723 - 48 = 675
675 ÷ 48 = 14.0625
14.0625 x 100 = 1406.25%