-32.5% is the change from 723 to 488
Calculation steps:
[( 488 - 723 ) ÷ 723] x 100 = -32.5%
Formula
Percentage change = [(488 - 723) / 723] x 100
Subtract the new number by the original number
488 - 723 = -235
-235 ÷ 723 = -0.32503457814661135
-0.32503457814661135 x 100 = -32.5%