-97.84% is the change from 740 to 16
Calculation steps:
[( 16 - 740 ) ÷ 740] x 100 = -97.84%
Formula
Percentage change = [(16 - 740) / 740] x 100
Subtract the new number by the original number
16 - 740 = -724
-724 ÷ 740 = -0.9783783783783784
-0.9783783783783784 x 100 = -97.84%