-6.5% is the change from 723 to 676
Calculation steps:
[( 676 - 723 ) ÷ 723] x 100 = -6.5%
Formula
Percentage change = [(676 - 723) / 723] x 100
Subtract the new number by the original number
676 - 723 = -47
-47 ÷ 723 = -0.06500691562932227
-0.06500691562932227 x 100 = -6.5%