-12.7% is the change from 701 to 612
Calculation steps:
[( 612 - 701 ) ÷ 701] x 100 = -12.7%
Formula
Percentage change = [(612 - 701) / 701] x 100
Subtract the new number by the original number
612 - 701 = -89
-89 ÷ 701 = -0.12696148359486448
-0.12696148359486448 x 100 = -12.7%