-94.25% is the change from 696 to 40
Calculation steps:
[( 40 - 696 ) ÷ 696] x 100 = -94.25%
Formula
Percentage change = [(40 - 696) / 696] x 100
Subtract the new number by the original number
40 - 696 = -656
-656 ÷ 696 = -0.9425287356321839
-0.9425287356321839 x 100 = -94.25%