3.88% is the change from 696 to 723
Calculation steps:
[( 723 - 696 ) ÷ 696] x 100 = 3.88%
Formula
Percentage change = [(723 - 696) / 696] x 100
Subtract the new number by the original number
723 - 696 = 27
27 ÷ 696 = 0.03879310344827586
0.03879310344827586 x 100 = 3.88%