1.69% is the change from 711 to 723
Calculation steps:
[( 723 - 711 ) ÷ 711] x 100 = 1.69%
Formula
Percentage change = [(723 - 711) / 711] x 100
Subtract the new number by the original number
723 - 711 = 12
12 ÷ 711 = 0.016877637130801686
0.016877637130801686 x 100 = 1.69%