-28.88% is the change from 703 to 500
Calculation steps:
[( 500 - 703 ) ÷ 703] x 100 = -28.88%
Formula
Percentage change = [(500 - 703) / 703] x 100
Subtract the new number by the original number
500 - 703 = -203
-203 ÷ 703 = -0.2887624466571835
-0.2887624466571835 x 100 = -28.88%