-93.12% is the change from 698 to 48
Calculation steps:
[( 48 - 698 ) ÷ 698] x 100 = -93.12%
Formula
Percentage change = [(48 - 698) / 698] x 100
Subtract the new number by the original number
48 - 698 = -650
-650 ÷ 698 = -0.9312320916905444
-0.9312320916905444 x 100 = -93.12%