-62.2% is the change from 701 to 265
Calculation steps:
[( 265 - 701 ) ÷ 701] x 100 = -62.2%
Formula
Percentage change = [(265 - 701) / 701] x 100
Subtract the new number by the original number
265 - 701 = -436
-436 ÷ 701 = -0.6219686162624821
-0.6219686162624821 x 100 = -62.2%