-93.5% is the change from 723 to 47
Calculation steps:
[( 47 - 723 ) ÷ 723] x 100 = -93.5%
Formula
Percentage change = [(47 - 723) / 723] x 100
Subtract the new number by the original number
47 - 723 = -676
-676 ÷ 723 = -0.9349930843706777
-0.9349930843706777 x 100 = -93.5%