-94.59% is the change from 740 to 40
Calculation steps:
[( 40 - 740 ) ÷ 740] x 100 = -94.59%
Formula
Percentage change = [(40 - 740) / 740] x 100
Subtract the new number by the original number
40 - 740 = -700
-700 ÷ 740 = -0.9459459459459459
-0.9459459459459459 x 100 = -94.59%