-98.33% is the change from 720 to 12
Calculation steps:
[( 12 - 720 ) ÷ 720] x 100 = -98.33%
Formula
Percentage change = [(12 - 720) / 720] x 100
Subtract the new number by the original number
12 - 720 = -708
-708 ÷ 720 = -0.9833333333333333
-0.9833333333333333 x 100 = -98.33%