-8.25% is the change from 788 to 723
Calculation steps:
[( 723 - 788 ) ÷ 788] x 100 = -8.25%
Formula
Percentage change = [(723 - 788) / 788] x 100
Subtract the new number by the original number
723 - 788 = -65
-65 ÷ 788 = -0.08248730964467005
-0.08248730964467005 x 100 = -8.25%