-94.5% is the change from 727 to 40
Calculation steps:
[( 40 - 727 ) ÷ 727] x 100 = -94.5%
Formula
Percentage change = [(40 - 727) / 727] x 100
Subtract the new number by the original number
40 - 727 = -687
-687 ÷ 727 = -0.9449793672627235
-0.9449793672627235 x 100 = -94.5%