1.11% is the change from 723 to 731
Calculation steps:
[( 731 - 723 ) ÷ 723] x 100 = 1.11%
Formula
Percentage change = [(731 - 723) / 723] x 100
Subtract the new number by the original number
731 - 723 = 8
8 ÷ 723 = 0.011065006915629323
0.011065006915629323 x 100 = 1.11%