3.14% is the change from 701 to 723
Calculation steps:
[( 723 - 701 ) ÷ 701] x 100 = 3.14%
Formula
Percentage change = [(723 - 701) / 701] x 100
Subtract the new number by the original number
723 - 701 = 22
22 ÷ 701 = 0.03138373751783167
0.03138373751783167 x 100 = 3.14%