-93.1% is the change from 696 to 48
Calculation steps:
[( 48 - 696 ) ÷ 696] x 100 = -93.1%
Formula
Percentage change = [(48 - 696) / 696] x 100
Subtract the new number by the original number
48 - 696 = -648
-648 ÷ 696 = -0.9310344827586207
-0.9310344827586207 x 100 = -93.1%