1.54% is the change from 712 to 723
Calculation steps:
[( 723 - 712 ) ÷ 712] x 100 = 1.54%
Formula
Percentage change = [(723 - 712) / 712] x 100
Subtract the new number by the original number
723 - 712 = 11
11 ÷ 712 = 0.01544943820224719
0.01544943820224719 x 100 = 1.54%