-2.2% is the change from 727 to 711
Calculation steps:
[( 711 - 727 ) ÷ 727] x 100 = -2.2%
Formula
Percentage change = [(711 - 727) / 727] x 100
Subtract the new number by the original number
711 - 727 = -16
-16 ÷ 727 = -0.02200825309491059
-0.02200825309491059 x 100 = -2.2%