-22.97% is the change from 701 to 540
Calculation steps:
[( 540 - 701 ) ÷ 701] x 100 = -22.97%
Formula
Percentage change = [(540 - 701) / 701] x 100
Subtract the new number by the original number
540 - 701 = -161
-161 ÷ 701 = -0.2296718972895863
-0.2296718972895863 x 100 = -22.97%