-28.39% is the change from 701 to 502
Calculation steps:
[( 502 - 701 ) ÷ 701] x 100 = -28.39%
Formula
Percentage change = [(502 - 701) / 701] x 100
Subtract the new number by the original number
502 - 701 = -199
-199 ÷ 701 = -0.2838801711840228
-0.2838801711840228 x 100 = -28.39%