-24.03% is the change from 724 to 550
Calculation steps:
[( 550 - 724 ) ÷ 724] x 100 = -24.03%
Formula
Percentage change = [(550 - 724) / 724] x 100
Subtract the new number by the original number
550 - 724 = -174
-174 ÷ 724 = -0.24033149171270718
-0.24033149171270718 x 100 = -24.03%