-94.32% is the change from 704 to 40
Calculation steps:
[( 40 - 704 ) ÷ 704] x 100 = -94.32%
Formula
Percentage change = [(40 - 704) / 704] x 100
Subtract the new number by the original number
40 - 704 = -664
-664 ÷ 704 = -0.9431818181818182
-0.9431818181818182 x 100 = -94.32%