-28.53% is the change from 701 to 501
Calculation steps:
[( 501 - 701 ) ÷ 701] x 100 = -28.53%
Formula
Percentage change = [(501 - 701) / 701] x 100
Subtract the new number by the original number
501 - 701 = -200
-200 ÷ 701 = -0.28530670470756064
-0.28530670470756064 x 100 = -28.53%