-94.48% is the change from 724 to 40
Calculation steps:
[( 40 - 724 ) ÷ 724] x 100 = -94.48%
Formula
Percentage change = [(40 - 724) / 724] x 100
Subtract the new number by the original number
40 - 724 = -684
-684 ÷ 724 = -0.9447513812154696
-0.9447513812154696 x 100 = -94.48%