-97.72% is the change from 703 to 16
Calculation steps:
[( 16 - 703 ) ÷ 703] x 100 = -97.72%
Formula
Percentage change = [(16 - 703) / 703] x 100
Subtract the new number by the original number
16 - 703 = -687
-687 ÷ 703 = -0.9772403982930299
-0.9772403982930299 x 100 = -97.72%