-72.04% is the change from 701 to 196
Calculation steps:
[( 196 - 701 ) ÷ 701] x 100 = -72.04%
Formula
Percentage change = [(196 - 701) / 701] x 100
Subtract the new number by the original number
196 - 701 = -505
-505 ÷ 701 = -0.7203994293865906
-0.7203994293865906 x 100 = -72.04%