-6.7% is the change from 701 to 654
Calculation steps:
[( 654 - 701 ) ÷ 701] x 100 = -6.7%
Formula
Percentage change = [(654 - 701) / 701] x 100
Subtract the new number by the original number
654 - 701 = -47
-47 ÷ 701 = -0.06704707560627675
-0.06704707560627675 x 100 = -6.7%