16.05% is the change from 623 to 723
Calculation steps:
[( 723 - 623 ) ÷ 623] x 100 = 16.05%
Formula
Percentage change = [(723 - 623) / 623] x 100
Subtract the new number by the original number
723 - 623 = 100
100 ÷ 623 = 0.16051364365971107
0.16051364365971107 x 100 = 16.05%