-94.74% is the change from 723 to 38
Calculation steps:
[( 38 - 723 ) ÷ 723] x 100 = -94.74%
Formula
Percentage change = [(38 - 723) / 723] x 100
Subtract the new number by the original number
38 - 723 = -685
-685 ÷ 723 = -0.9474412171507607
-0.9474412171507607 x 100 = -94.74%