-6.85% is the change from 701 to 653
Calculation steps:
[( 653 - 701 ) ÷ 701] x 100 = -6.85%
Formula
Percentage change = [(653 - 701) / 701] x 100
Subtract the new number by the original number
653 - 701 = -48
-48 ÷ 701 = -0.06847360912981455
-0.06847360912981455 x 100 = -6.85%