-94.58% is the change from 701 to 38
Calculation steps:
[( 38 - 701 ) ÷ 701] x 100 = -94.58%
Formula
Percentage change = [(38 - 701) / 701] x 100
Subtract the new number by the original number
38 - 701 = -663
-663 ÷ 701 = -0.9457917261055635
-0.9457917261055635 x 100 = -94.58%