-3.16% is the change from 727 to 704
Calculation steps:
[( 704 - 727 ) ÷ 727] x 100 = -3.16%
Formula
Percentage change = [(704 - 727) / 727] x 100
Subtract the new number by the original number
704 - 727 = -23
-23 ÷ 727 = -0.03163686382393398
-0.03163686382393398 x 100 = -3.16%