-14.8% is the change from 723 to 616
Calculation steps:
[( 616 - 723 ) ÷ 723] x 100 = -14.8%
Formula
Percentage change = [(616 - 723) / 723] x 100
Subtract the new number by the original number
616 - 723 = -107
-107 ÷ 723 = -0.1479944674965422
-0.1479944674965422 x 100 = -14.8%