-55.49% is the change from 701 to 312
Calculation steps:
[( 312 - 701 ) ÷ 701] x 100 = -55.49%
Formula
Percentage change = [(312 - 701) / 701] x 100
Subtract the new number by the original number
312 - 701 = -389
-389 ÷ 701 = -0.5549215406562055
-0.5549215406562055 x 100 = -55.49%