-94.75% is the change from 724 to 38
Calculation steps:
[( 38 - 724 ) ÷ 724] x 100 = -94.75%
Formula
Percentage change = [(38 - 724) / 724] x 100
Subtract the new number by the original number
38 - 724 = -686
-686 ÷ 724 = -0.9475138121546961
-0.9475138121546961 x 100 = -94.75%