-15.98% is the change from 701 to 589
Calculation steps:
[( 589 - 701 ) ÷ 701] x 100 = -15.98%
Formula
Percentage change = [(589 - 701) / 701] x 100
Subtract the new number by the original number
589 - 701 = -112
-112 ÷ 701 = -0.15977175463623394
-0.15977175463623394 x 100 = -15.98%