-23.3% is the change from 704 to 540
Calculation steps:
[( 540 - 704 ) ÷ 704] x 100 = -23.3%
Formula
Percentage change = [(540 - 704) / 704] x 100
Subtract the new number by the original number
540 - 704 = -164
-164 ÷ 704 = -0.23295454545454544
-0.23295454545454544 x 100 = -23.3%