-22.48% is the change from 694 to 538
Calculation steps:
[( 538 - 694 ) ÷ 694] x 100 = -22.48%
Formula
Percentage change = [(538 - 694) / 694] x 100
Subtract the new number by the original number
538 - 694 = -156
-156 ÷ 694 = -0.22478386167146974
-0.22478386167146974 x 100 = -22.48%