-76.9% is the change from 723 to 167
Calculation steps:
[( 167 - 723 ) ÷ 723] x 100 = -76.9%
Formula
Percentage change = [(167 - 723) / 723] x 100
Subtract the new number by the original number
167 - 723 = -556
-556 ÷ 723 = -0.7690179806362379
-0.7690179806362379 x 100 = -76.9%