-93.29% is the change from 700 to 47
Calculation steps:
[( 47 - 700 ) ÷ 700] x 100 = -93.29%
Formula
Percentage change = [(47 - 700) / 700] x 100
Subtract the new number by the original number
47 - 700 = -653
-653 ÷ 700 = -0.9328571428571428
-0.9328571428571428 x 100 = -93.29%