-94.44% is the change from 720 to 40
Calculation steps:
[( 40 - 720 ) ÷ 720] x 100 = -94.44%
Formula
Percentage change = [(40 - 720) / 720] x 100
Subtract the new number by the original number
40 - 720 = -680
-680 ÷ 720 = -0.9444444444444444
-0.9444444444444444 x 100 = -94.44%