-50.5% is the change from 703 to 348
Calculation steps:
[( 348 - 703 ) ÷ 703] x 100 = -50.5%
Formula
Percentage change = [(348 - 703) / 703] x 100
Subtract the new number by the original number
348 - 703 = -355
-355 ÷ 703 = -0.5049786628733998
-0.5049786628733998 x 100 = -50.5%