-98.34% is the change from 723 to 12
Calculation steps:
[( 12 - 723 ) ÷ 723] x 100 = -98.34%
Formula
Percentage change = [(12 - 723) / 723] x 100
Subtract the new number by the original number
12 - 723 = -711
-711 ÷ 723 = -0.983402489626556
-0.983402489626556 x 100 = -98.34%