-31.38% is the change from 701 to 481
Calculation steps:
[( 481 - 701 ) ÷ 701] x 100 = -31.38%
Formula
Percentage change = [(481 - 701) / 701] x 100
Subtract the new number by the original number
481 - 701 = -220
-220 ÷ 701 = -0.31383737517831667
-0.31383737517831667 x 100 = -31.38%