-60.51% is the change from 704 to 278
Calculation steps:
[( 278 - 704 ) ÷ 704] x 100 = -60.51%
Formula
Percentage change = [(278 - 704) / 704] x 100
Subtract the new number by the original number
278 - 704 = -426
-426 ÷ 704 = -0.6051136363636364
-0.6051136363636364 x 100 = -60.51%