-49.5% is the change from 701 to 354
Calculation steps:
[( 354 - 701 ) ÷ 701] x 100 = -49.5%
Formula
Percentage change = [(354 - 701) / 701] x 100
Subtract the new number by the original number
354 - 701 = -347
-347 ÷ 701 = -0.4950071326676177
-0.4950071326676177 x 100 = -49.5%