-23.48% is the change from 724 to 554
Calculation steps:
[( 554 - 724 ) ÷ 724] x 100 = -23.48%
Formula
Percentage change = [(554 - 724) / 724] x 100
Subtract the new number by the original number
554 - 724 = -170
-170 ÷ 724 = -0.23480662983425415
-0.23480662983425415 x 100 = -23.48%