-94.24% is the change from 694 to 40
Calculation steps:
[( 40 - 694 ) ÷ 694] x 100 = -94.24%
Formula
Percentage change = [(40 - 694) / 694] x 100
Subtract the new number by the original number
40 - 694 = -654
-654 ÷ 694 = -0.9423631123919308
-0.9423631123919308 x 100 = -94.24%