-3.18% is the change from 724 to 701
Calculation steps:
[( 701 - 724 ) ÷ 724] x 100 = -3.18%
Formula
Percentage change = [(701 - 724) / 724] x 100
Subtract the new number by the original number
701 - 724 = -23
-23 ÷ 724 = -0.031767955801104975
-0.031767955801104975 x 100 = -3.18%