70000% is the change from 1 to 701
Calculation steps:
[( 701 - 1 ) ÷ 1] x 100 = 70000%
Formula
Percentage change = [(701 - 1) / 1] x 100
Subtract the new number by the original number
701 - 1 = 700
700 ÷ 1 = 700
700 x 100 = 70000%
Example