-31.12% is the change from 723 to 498
Calculation steps:
[( 498 - 723 ) ÷ 723] x 100 = -31.12%
Formula
Percentage change = [(498 - 723) / 723] x 100
Subtract the new number by the original number
498 - 723 = -225
-225 ÷ 723 = -0.3112033195020747
-0.3112033195020747 x 100 = -31.12%